South Korea avoids recession as GDP grows 0.3% in Q1

Export-reliant economy faces sluggish chip demand in face of global slowdown

STEVEN BOROWIEC, Nikkei staff writer

SEOUL -- South Korea's economy returned to growth in the first three months of this year, avoiding its first technical recession since 2020.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.