Strong Car, Chip Exports Cause Rise in South Korea Output

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http://www.industryweek.com/articles/strong_car_chip_exports_cause_rise_in_south_korea_output_23781.aspx?SectionID=3

Strong Car, Chip Exports Cause Rise in South Korea Output

Manufacturing rose 2.8%

By . Agence France-Presse

Jan. 31, 2011

South Korea's industrial output grew faster than expected in December thanks to strong exports of computer chips and cars, official figures showed on Dec. 31.

The statistic is a fresh indication that Asia's fourth-largest economy is starting the year in good shape.

Figures released last week showed 2010 economic growth at an eight-year high of 6.1%, while the government expects growth of around 5% this year.