Exports hit four-year high

TECH BOOST:The finance ministry was not concerned about the decline in capital equipment imports, but added that it might need to revise up its exports forecast

Taipei Times
Date: Sep 09, 2017
By: Crystal Hsu / Staff reporter

The nation’s exports rose 12.7 percent from a year earlier to a four-year high of US$27.77 billion last month, aided by the launches of next-generation electronic devices ahead of the high sales season, the Ministry of Finance said yesterday.

The momentum might pick up further starting this month as Christmas and the Lunar New Year approach, analysts said.

“Apple Inc is due to launch its new iPhone next week, accounting for the strong demand for electronic parts used in mobile devices,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) told reporters.

Electronic components, which made up 34.7 percent of overall shipments, expanded 14.4 percent to a record-high US$9.64 billion last month, as the US technology giant is to release a redesign of the phone to mark its 10th anniversary.    [FULL  STORY]

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