Stockpiles rose 83% in April from a year ago — the biggest increase since April 2016 — and the index tracking inventories jumped to a record, according to data from Statistics Korea Wednesday. Meanwhile, factory shipments fell 33% from the year-ago period and production was cut 20%, the data show.
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Wednesday, May 31, 2023
Is chip shortage over? Korea stockpiles swell to a record as demand sputters
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