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