Seoul: South Korea's exports of information and communication technology products reached an all-time monthly high in May 2026, driven by strong demand for semiconductors and other artificial intelligence-related items. ICT exports stood at $47.79 billion last month, a 128.9 percent jump from the same month a year earlier, according to data from the Ministry of Science and ICT. According to Oman News Agency, the ministry reported that it was the first time monthly ICT exports had exceeded the $40 billion mark for three consecutive months. This surge reflects the growing global demand for technologies associated with artificial intelligence, underscoring South Korea's pivotal role in the global tech supply chain.
Related Articles
Oman and India Deepen Economic Ties, Focus on Implementation of Comprehensive Partnership
Muscat: Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, held a meeting today with Piyush Goyal, Minister of Commerce and Industry of the Republic of India, on the sidelines of the Oman-India Business Dialogue. The…
Bahrain All Share Index marks 1,944.76 points
Manama, Bahrain All Share Index has closed at 1,944.76 points, marking a decrease of 7.60 points below the previous closing.
This decrease was due to the drop in the communications services sector and the financial sector.
Bahrain Islamic Index has…
Joint Oman-Trkiye Business Council Discusses Means of Enhancing Private Sector Cooperation
Muscat: The Joint Oman-Trkiye Business Council held a meeting today on the sidelines of Oman Expo and International Forum. The meeting was organized by Oman Chamber of Commerce and Industry (OCCI) at Oman Convention and Exhibition Centre.
According …