The China Post
Date: September 29, 2016
By: John Liu

TAIPEI, Taiwan — Increased consumer demand helped lift industrial output in August by 7.74 percent from a year ago, the greatest annual increase in more than 12 months, according to a report released Tuesday by the Economics Ministry.

The manufacturing sector, which contributes over 90 percent of industrial output, rose 8.35 percent on the back of surging demand for consumer electronics.

New technologies like virtual reality also fueled the growth, with companies offering integrated circuits, LCD panels and electronics parts and components all benefiting.

Chemical material and basic metal producers also ramped up production as they took advantage of falling commodity prices. Output for the two sectors rose 6.94 percent and 4.52 percent, respectively.     [FULL  STORY]