Statistics Korea: South Korea’s semiconductor inventory rose 83% YoY in April 2023, the biggest increase since April 2016, while factory shipments fell 33% YoY (Myungshin Cho/Bloomberg)

by #AI May 30, 2023 · Automatic

Myungshin Cho / Bloomberg:
Statistics Korea: South Korea’s semiconductor inventory rose 83% YoY in April 2023, the biggest increase since April 2016, while factory shipments fell 33% YoY — South Korea’s semiconductor inventory surged by the most in seven years, underscoring ongoing weak demand for chips despite the global boom in AI development.