Manufacturing sector revenue soars

‘BODES WELL’:The electronics industry and traditional industries performed well in the first six months, supported by the recovering global economy, an official said

Taipei Times
Date: Sep 01, 2017
By: Lauly Li / Staff reporter

The manufacturing sector saw revenue expand by 4.6 percent annually to NT$12.43 trillion (US$411.6 billion) in the first half of the year, the greatest first-half annual increase in six years, the Ministry of Economic Affairs said yesterday.

“The growth momentum in the first half bodes well for revenue performance this year,” Department of Statistics Deputy Director-General Wang Shu-chuan (王淑娟) said by telephone.

Wang did not elaborate on the sector’s revenue growth for the whole of the year.

The manufacturing sector last year saw revenue decline for the second consecutive year, contracting 3.7 percent to NT$25.43 trillion, according to ministry data.

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