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Market Chatter: Top Five Companies Account for Over 40% of South Korea's Q1 Shipments

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South Korea's top five companies accounted for more than 40% of the country's total exports in the first quarter, Yonhap News reported Sunday, citing the Ministry of Data and Statistics.

The firms, including Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), posted total outbound shipments of $95.7 billion, representing 43.5% of the country's total exports in the January to March period, the report said.

They raised exports by $50 billion in Q1 from a year earlier, accounting for 82.8% of the total export growth during the period, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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