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SEMICONDUCTORS <strong>Chip stash hints at slowdown</strong> South Korea’s chip stockpiles increased by the most in more than four years, suggesting a slowdown in demand for memory chips used in electronics worldwide. The nationwide inventory jumped 53.4 percent in May from a year earlier, Statistics Korea said yesterday. An earlier 54.1 percent gain in March 2018 coincided with a slowdown in revenue growth in the chip industry. Semiconductor stockpiles have been rising on a year-on-year basis since October last year. South Korea is the world’s largest producer of memory chips, which go into everything from smartphones to laptops to cars. The mounting stockpiles

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