Home Current Global tech demand drives Taiwan’s exports to new high

Global tech demand drives Taiwan’s exports to new high

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Global tech demand drives Taiwan's exports to new highTaiwan’s exports climbed to a record amount in December, boosting confidence solid global technology demand will keep the island economy’s growth momentum steady this year. Taiwan’s factories are an integral part of the global supply-chain for technology giants such as Apple Inc, and the economy is riding a robust exports cycle on strong demand around the world for new smartphones and other gadgets. Exports in December rose 14.8 percent from a year earlier, the finance ministry’s statistics department said on Monday, compared with 9.45 percent forecast in a Reuters poll and 14.0 percent growth in November.