Taiwan s Exports Continue Growing on Strong Demand for Chips msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Taiwan’s exports last month clocked another 12 percent upturn from a year earlier to a record US$33 billion, as 5G smartphones and other new technology applications ramped up business for local component suppliers, the Ministry of Finance (MOF) said yesterday.
The growth momentum might gather further strength this month with increases from 19 percent to 23 percent, aided by three more working days in January this year compared with last year, the ministry said.
“The factors driving the growth look sustainable and the timing of the Lunar New Year holiday will also lend support,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) told