South Korea's gross domestic investment ratio hit 5-year high in Q2

2분기 국내총투자율 5년 만에 최고…설비투자 확대
South Korea's gross domestic investment ratio hit a five-year high in the second quarter,... thanks to increased investments in semiconductors and other information technologies.
The Bank of Korea says the ratio came to 31-and-a-half percent, the highest since the April to June period in 2012.
The ratio is an indicator of local firms' investment such as in facilities or construction in Korea.
The sharp rise in the second quarter is mostly attributed to chipmaker SK Hynix and Samsung Electronics.
Samsung, in particular, invested some eleven billion U.S. dollars in facilities in the first six months of this year.

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