BRIGHT SPOT: The computer, electronic and optical components industry’s output rose 17.87 percent on growing domestic production of servers, laptops and ethernet hubs

Taipei Times
Date: Nov 26, 2019
By: Natasha Li  /  Staff reporter

Industrial production fell 2.92 percent year-on-year last month, the second monthly contraction in a row, as the output of the manufacturing sector — the pillar of industrial production — declined 3.27 percent from a year earlier, the Ministry of Economic Affairs said yesterday.

However, output from other sectors showed mixed results, with the mining and quarrying sector dropping 13.15 percent, while the output of the water supply and electricity-and-gas supply sectors rose 4.56 percent and 2.74 percent respectively, the ministry said.

Within the manufacturing sector, the electronic components industry posted a contraction of 1.52 percent year-on-year after four consecutive months of growth, which the ministry attributed to a high comparison base last year and dwindling demand for integrated circuits.

The electronic components industry — the manufacturing sector’s biggest contributor — was also weighed down by declining LCD panel production as China-made panels continue to flood the market, the ministry said.    [FULL  STORY]