Semiconductor production in South Korea has dropped compared to the previous year for the first time in more than a year, in another indication that the wealth cycle paid by the development of artificial intelligence worldwide may have begun to delay. The statements of the Government Statistical Office released on Thursday showed that the production of semiconductor in the country fell by 3% in September, while it was a sharp decline after the increase in the previous month by 11%. Shipping growth has delayed up to 0.7%, compared to 17% in August. A gradual slowdown in the Korean disk industry, but the stock levels are still dropping rapidly as it fell by 41.5% compared to the previous year in September, which reflects a picture of an industry that is possibly in a gradual slowdown with the demand for memory chips. On the other hand, the company “Samsung Electronics” announced the results of profits on Thursday showing that its semiconductor sector was disappointing for the market expectations, as it achieved the operating profit of 3.86 trillion in the third quarter, which is less than expectations that won 6.7 trillion. Semiconductor is the largest engine of export and economic growth in South Korea. Korea Bank is also carefully monitoring its performance, especially after adjusting its policy by lowering the most important interest rate earlier this month. Some economists expect the monetary facilitation course to accelerate if the rate of economic growth delays next year as expected.
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