Korea’s memory chip exports to Taiwan up 225% in H1

Korea’s memory chip exports to Taiwan surged over 225 percent in the first half from a year earlier on robust demand for high-performance high bandwidth memory (HBM) products sparked by the fast growth of the global artificial intelligence (AI) market, data showed Sunday.

Outbound shipments of memory chips to Taiwan reached $4.26 billion in the first six months of this year, up 225.7 percent from a year ago, far outperforming the country’s overall increase of memory chip exports at 88.7 percent, according to data compiled by the industry ministry and the Korea International Trade Association and carried by The Korea Times.

Taiwan was the third-largest importer of Korean memory chips in the period, up two notches to outstrip Vietnam and the United States.