Top 10 firms take up over 60 pct of S. Korea's exports in Q3 amid chip boom

What happened: South Korea's top 10 exporters accounted for 60.9 percent of total exports in the third quarter, up from 40.5 percent a year earlier, driven by demand for semiconductors and other technology products. Key numbers: Top 10 share 60.9 percent vs 40.5 percent a year earlier. Top 100 share 79.4 percent vs 67.9 percent. Why it matters: Export activity was heavily concentrated among a small group of large firms, with conglomerate shipments more than doubling while medium-sized and small enterprise exports grew at much lower rates.

South Korea's top 10 exporters accounted for 60.9 percent of total exports in the third quarter, up from 40.5 percent a year earlier, driven by demand for semiconductors and other technology products.

Export activity was heavily concentrated among a small group of large firms, with conglomerate shipments more than doubling while medium-sized and small enterprise exports grew at much lower rates.