Exports end 16-month decline

THANK YOU, APPLE:A MOEA official said the results were largely due to orders for electronic components, which set a record last month, ahead of the new iPhone launch

Taipei Times
Date: Sep 23, 2016
By: Lauly Li / Staff reporter

Taiwan’s export orders grew 8.3 percent annually to US$37.93 billion last month, ending 16 straight months of annual decline, the Ministry of Economic Affairs (MOEA) said yesterday.

“The better-than-expected result was mainly driven by the strong orders for electronics components because of Apple Inc’s new iPhone launch,” Department of Statistics Director-General Lin Lee-jen (林麗貞) told a news conference.

The latest figure was US$2 billion more than the ministry’s estimate, Lin added.

Orders for electronics components jumped 16.5 percent year-on-year and 11.8 percent month-on-month to a record level of US$10.44 billion last month, the ministry’s statistics showed.     [FULL  STORY]

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