Chip recovery seen as key to trade surplus in 2024
The recovery of chip sales is expected to lead Korea’s export rebound in 2024.
Chip exports soared by 21.8 percent in December from the year before, the largest monthly growth last year.
Large-cap chip stocks are also on a path for a gradual price recovery.
Batteries stocks are unlikely to extend their recent momentum for a rally, as the global EV market is entering a phase of low growth this year.
Link to the original story: https://koreatimes.co.kr/www/nation/2024/01/419_366115.html?utm_source=fl
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