South Korea's Yoon calls strategy meeting to boost chip, battery sectors

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South Korea's Yoon calls strategy meeting to boost chip, battery sectors
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S.Korea's Yoon calls strategy meeting to boost chip, battery sectors

The spokesperson did not provide further details, but the comment came a day before the country's central bank is widely expected to leave the interest rates steady for a second consecutive meeting on Tuesday to support the slowing economy.

South Korea's economy, heavily dependent on trade and chip exports, has been decelerating in the face of a weakening global economy and still-sluggish demand from neighbouring China. Local consumers are also holding back on spending after interest rate rises.

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