DEPENDENCY?Shipments of electronics components rose 14.8% last month, while all other categories fell, indicating that a few sectors were carrying most of the weight

Taipei Times
Date: Sep 08, 2016
By: Crystal Hsu / Staff reporter

The nation’s exports grew 1 percent from a year earlier to US$24.66 billion last month, rising for two months running, led by robust demand for electronics components, particularly semiconductors used in smartphones and Internet of Things (IoT) applications, the Ministry of Finance said yesterday.

The growth momentum might continue this month and beyond as major technology firms step up capital spending to meet demand from customers, the ministry said.

“The marginal increase in the latest trade data reflects the recovery [in the domestic economy] advancing at a snail’s pace,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) said.    [FULL  STORY]