Manufacturing sector output up over 8% in Q3

Focus Taiwan
Date: 2018/11/19
By: Tsai Peng-min and Frances Huang

Taipei, Nov. 19 (CNA) Taiwan’s manufacturing sector continued to ride the wave of

CNA file photo

strong global demand in the third quarter as its production value rose on a year-on-year basis for an eighth straight quarter, the Ministry of Economic Affairs (MOEA) said Monday.

Data compiled by the MOEA showed the output value of local manufacturers rose 8.39 percent in the July-September period from a year earlier to NT$3.63 trillion (US$117 billion), after a 9.05 percent increase in the second quarter.

The output of electronics component makers totaled NT$978.1 billion, up 2.53 percent from a year earlier, on the back of launches of mobile devices by international brands and an increase in prices of dynamic random access memory chips, the data showed.

After two quarters of declines, the computer/optoelectronics sector saw output value edge 0.45 percent higher to NT$165 billion in the quarter due to growth in the production of computers, solid-state drives, and semiconductor inspection equipment, the MOEA said.    [FULL  STORY]

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