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KOREA HITS MARKEDLY LOWEST BUSINESS EBB SINCE 2008

Published On 24 Apr 2020 11:03 PM


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  • The Korean economy dipped 1.4 percent in the first quarter of 2020 as a result of the coronavirus pandemic, registering the lowest growth rate since the 2008 global financial meltdown.
  • Private consumption, in particular, recorded a sharp decline. Experts say the economic impact of the pandemic on exports and production will become more visible in the second quarter of the year.


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Tags : South Korea, Business, semiconductor industry, diodes, transistors, integrated circuits, COVID-19, coronavirus outbreak,
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