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Euronews
Euronews
Greta Ruffino

AI chip boom tripled South Korea's economic growth in the third quarter

South Korea Artificial Intelligence Economic Growth Semiconductor Economy BOK

South Korea's economy grew more than three times faster than expected in the third quarter, fuelled by strong demand for semiconductors, according to central bank data released on Tuesday.

GDP rose by 1.0% in the July-to-September period compared with the previous quarter, preliminary figures from the Bank of Korea (BOK) showed.

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