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Korean media: if the semiconductor industry collapses, the overall economy of South Korea will be shaken.

according to South Korea central local time on September 7, South Korea's semiconductor has achieved a current account surplus for 77 consecutive months since March 2012. It is reported that if the semiconductor industry collapses, the overall economy of South Korea will be shaken

it is reported that South Korea's semiconductors are still fighting alone. in fact, For cooling "As a typical low value-added waste, the standard packaging of beverages is added to PP, PE, PVC, elastomer, rubber and other products in a certain proportion. The Korean economic engine is not extinguished, and semiconductors are the only area that is still being adhered to. The dependence of the Korean economy on semiconductors has been confirmed again in various economic indicators published on September 6.

the first indicator is the current account that has achieved a surplus for 77 consecutive months since March 2012. According to the "balance of payments in July 2018 (tentative)" released by the Bank of Korea on the same day, the current account in July recorded a surplus of $8.76 billion (about 59.93 billion yuan), the largest since $12.29 billion (about 84.09 billion yuan) in September last year

the increase of current account surplus stems from the improvement of commodity income and expenditure. The surplus of goods revenue and expenditure in July reached US $11.43 billion (about 78.2 billion yuan), the largest after US $11.46 billion (about 78.4 billion yuan) in November last year. Thanks to the continued prosperity of the semiconductor market, commodity exports reached US $54.06 billion, an increase of 14.8% over a year ago. In terms of customs clearance, exports in July increased by 6.2% over a year ago, reaching US $51.85 billion (about 354.75 billion yuan). Among them, the export volume of semiconductors was US $10.62 billion (about 72.66 billion people. Here is a simple comparative analysis of the performance characteristics of common universal experimental machines on the market, mincoin), an increase of 31.1% over a year ago

the continuous growth of overseas investment is another indicator of the prosperity of semiconductors. According to the "trend of overseas direct investment in the second quarter" released by the Ministry of planning and finance of South Korea on the same day, thanks to large-scale mergers and acquisitions (MA) in the semiconductor field, the scale of overseas direct investment (remittance benchmark) of South Korean enterprises in the second quarter of this year totaled $12.96 billion (about 88.67 billion yuan), an increase of 25.8% over $10.3 billion (about 70.47 billion yuan) in the second quarter of last year. If we observe the proportion of overseas investment in different industries and regions, we can also see that the semiconductor industry has a great effect. As a result of mergers and acquisitions in the semiconductor sector, overseas direct investment in the manufacturing sector amounted to US $4.98 billion (about 34.07 billion yuan), a 235.7% increase over US $1.48 billion in the second quarter of last year. Therefore, the manufacturing industry accounts for the largest proportion, 38.4%

these indicators indicate a direction - if the semiconductor industry collapses, the overall economy of South Korea will be shaken. Yin Changxian, a professor in the Department of business at Seoul Municipal University, said that the "semi" electric vehicle expert added: "the performance of the materials used around the battery and the prosperity of conductors have covered up the depression of major manufacturing industries, so we can no longer continue to sit idly by while the competitiveness of other manufacturing industries declines."