South Korea's chip inventory recorded the biggest increase since the same period in 2016 in April.

(South Korea's chip inventory in April recorded the biggest increase since the same period in 2016) Science and Technology Innovation Board Daily reported on the 31st that inventory rose 83% in April compared with the same period last year, the largest increase since April 2016, according to data released by the Korean Bureau of Statistics on Wednesday. The index that tracks inventory jumped to a record high. At the same time, the data showed that factory shipments fell 33 per cent year-on-year and production fell 20 per cent. Activity in South Korea's chip industry is an important indicator of global electronics demand, as South Korea has two large semiconductor companies, Samsung Electronics and SK Hynix. The vast majority of South Korean semiconductor exports are memory chips, which are widely used in products such as smartphones, laptops, digital cameras, cars and large data centers.