UNCERTAINTY: An escalating US-China trade war continues to cast a cloud on export prospects, but companies with production bases in Taiwan could benefit, an official said

Taipei Times
Date: Sep 21, 2018
By: Ted Chen  /  Staff reporter

Export orders last month rose to a new record high, as Taiwan’s technology suppliers entered their peak season ahead of their clients’ consumer product launches, the Ministry of Economic Affairs said yesterday.

The value of export orders last month rose 4.5 percent sequentially and 7.1 percent annually to US$43.68 billion, besting the ministry’s forecast of 2.5 percent and 5 percent respectively.

Export orders are expected to continue to rise next month to between US$48 billion and US$49.2 billion, Department of Statistics Director-General Lin Lee-jen (林麗貞) told a news conference.

Cumulative orders in the first eight months of this year totaled US$323.91 billion, up 6.9 percent or US$20.79 billion from a year earlier, Lin said.    [FULL  STORY]