Export growth shows no sign of slowing

ROBUST DEMAND:Smartphone vendors’ expected launches of flagship handsets and rising orders for computers should support growth through the second half of the year

Taipei Times
Date: Jul 21, 2017
By: Lauly Li / Staff reporter

The nation’s export orders for last month beat government estimates, expanding 13 percent year-on-year to US$40.35 billion, supported by stronger-than-expected demand for notebook computers, tablets and electronics components, the Ministry of Economic Affairs said yesterday.

The result marked the 11th consecutive month of year-on-year expansion, ministry data showed.

“The monthly performance significantly exceeded the ministry’s expectation,” Department of Statistics Director-General Lin Lee-jen (林麗貞) told a news conference.

The annual growth is much higher than the ministry’s forecast of between 3 percent and 6 percent, she added.    [FULL  STORY]

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