Times of IndiaLean R·
AI chip boom yet to lift South Korea's wider economy, Nomura economist sees limited spillover into demand
South Korea's AI-driven semiconductor boom is not yet translating into broad economic gains, according to Nomura. Despite strong chip exports and equity markets, domestic demand shows limited improvement, with luxury spending and business investment being key drivers. Concerns over the won and financial stability may prompt a Bank of Korea rate hike.
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