South Korea raises industrial electricity rates by 9.7%, impacting chipmakers

Amy Fan, Taipei; Jingyue Hsiao, DIGITIMES Asia Thursday 24 October 2024 0

Credit: AFP

South Korea raises industrial electricity rates by 9.7% on average, marking the seventh adjustment since 2022. This cumulative rise exceeds 60% over three years and is expected to significantly impact energy-intensive sectors like semiconductor and...

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