South Korea chip output falls in February at fastest pace since 2008

Government, major producers continue to invest in semiconductor plants

20230331 SK

South Korea has passed legislation called the K-Chips Act to expand incentives for chipmakers setting up new factories in the country. (Source photos by Reuters and AP) 

STEVEN BOROWIEC, Nikkei staff writer

SEOUL -- Production of semiconductors in South Korea fell sharply in February, raising questions over the long-term strength of the country's main export and pointing to sluggish economic growth for the rest of the year.

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