Manufacturing sector sales up for 6th straight quarter in Q1

Focus Taiwan
Date: 2018/06/11
By: Liao Yu-yang and Frances Huang

Taipei, June 11 (CAN) Revenue generated by Taiwan’s manufacturing sector posted a year-on-year increase in the first quarter of this year, for the sixth quarter in a row, at a time of continued economic recovery at home and abroad, the Ministry of Economic Affairs (MOEA) said Monday.

Data compiled by the MOEA showed the local manufacturing sector generated NT$6.28 trillion (US$211 billion) in the January-March period, up 0.7 percent from a year earlier.

However, the sales growth moderated from a 5.8 percent year-on-year increase in the fourth quarter of last year as the local computer/optoelectronics sector suffered a decline in sales in the January-March period, when global demand for handheld devices weakened, the MOEA said.    [FULL  STORY]

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