Electronics sector helps industrial production rebound in March

Focus Taiwan
Date: 2018/04/23
By: Liao Yu-yang and Ko Lin

Taipei, April 23 (CNA) Taiwan’s industrial production in March rebounded from a month earlier, fueled largely by growth in the country’s electronics sector, the Ministry of Economic Affairs (MOEA) said Monday.

The March industrial production index rose 3.09 percent from the same month a year earlier to 117.14, bolstered by a 6.49 percent year-on-year increase in the electronic parts and components industry, the MOEA said.

The sub-index for the manufacturing sector, which accounts for more than 90 percent of the country’s total industrial production, rose 3.20 percent from a year earlier to 119.75, the data showed.

Meanwhile, the local chemical material segment reported a 8.31 percent year-on-year increase in March on the back of higher international crude oil prices and stronger demand for petrochemical raw materials, the data showed.    [FULL  STORY]