{
  "id": 20106070,
  "title": "ICT exports log record-high growth in Oct. amid AI boom",
  "url": "https://urgent.news/2026/11/15/ict-exports-log-record-high-growth-in-oct-amid-ai-boom",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-15T03:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261115/ict-exports-log-record-high-growth-in-oct-amid-ai-boom"
  },
  "original_language": "en",
  "account": "South Korea's information and communication technology (ICT) exports surged to a record high in October, buoyed by the worldwide artificial intelligence (AI) surge. According to data released by the Ministry of Science and ICT, ICT product shipments amounted to $70.35 billion in October, more than triple the $23.29 billion recorded a year earlier. This marked the second-highest monthly total on record, slightly below the $75.1 billion achieved in September. Additionally, ICT exports comprised 61 percent of South Korea's total outbound shipments, which totaled $115.28 billion for the month, maintaining a consistent high above 60 percent for three consecutive months.\n\nSemiconductor exports saw a remarkable 259.4 percent increase on-year in October, reaching $56.47 billion, primarily driven by robust global demand for premium memory products and sustained high memory prices. Computer and accessory exports also expanded significantly, hitting $5.99 billion in October, more than five times the $1.15 billion shipped a year earlier, with a surge in high-capacity solid-state drives (SSDs) contributing to the growth.",
  "summary": "South Korea's exports of information and communication technology (ICT) products rose at the sharpest pace on record from a year earlier in October, data showed Sunday, driven by the global artificial intelligence (AI) boom. Outbound shipments of ICT products came to $70.35 billion in October, more than tripling from $23.29 billion a year earlier, according to data compiled by the Ministry of…",
  "key_points": [
    "South Korea's ICT exports reached $70.35 billion in October, a record high.",
    "ICT exports comprised 61% of South Korea's total outbound shipments in October.",
    "Semiconductor exports increased 259.4% on-year in October."
  ],
  "editors_take": "The surge in semiconductor and computer shipments signals South Korea's deepening reliance on the global artificial intelligence boom to drive its national export economy toward record-breaking levels.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "ICT exports log record-high growth in Oct. amid AI boom",
        "url": "https://urgent.news/2026/11/15/ict-exports-log-record-high-growth-in-oct-amid-ai-boom-20107875",
        "published": "2026-11-15T03:04:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}