South Korea's chip exports surge 188.4% in early June

South Korea's chip exports rose 188.4% year-over-year in early June, driving 49.7% export growth when adjusted for working days. Computer-related product exports climbed 293.3%, while petroleum exports increased with higher energy prices. The trade surplus reached $17.5 billion, with the Bank of Korea signaling inflation concerns from stronger corporate earnings and bonus payouts.