Taipei Times
Date: Sep 26, 2016
By: Kuo Chia-erh / Staff reporter

Machine tool exports might decline less than expected this year on the back of potential US orders, the Taiwan Machine Tool & Accessory Builders’ Association (TMBA, 台灣工具機暨零組件公會) said on Friday.

Outbound shipments for the whole of this year might decline by just a single-digit percentage from last year, association secretary-general Carl Huang (黃建中) said by telephone.

“A single digit decline is not that bad, as the latest statistics indicate contraction across all of Taiwan’s main markets this year,” Huang said.

With the US market expected to start recovering after the Nov. 8 US presidential election, exports from Taiwan’s machine tool industry are likely to gain support in the final quarter of this year, he said.     [FULL  STORY]