Taiwan News
Date: 2018/08/17
By: Central News Agency
The value of goods produced by Taiwan’s manufacturers in the second
quarter rose for the seventh consecutive quarter year-on-year, data released Friday by the Ministry of Economic Affairs (MOEA) showed.
Manufacturing output totaled NT$3.48 trillion (US$113 billion) in the second quarter, up 9.05 percent from the same period a year earlier, after a 3.30 percent year-on-year rise in the first quarter, according to the data.
It was the seventh straight quarter of growth for Taiwan’s manufacturers. The last time their output value fell was in the third quarter of 2016, when it slid 1.99 percent from a year earlier.
The MOEA said the production value of the electronics component sector, which accounted for more than 26 percent of the total of the manufacturing sector, rose 5.96 percent year-on-year in the second quarter to NT$922.4 billion. [FULL STORY]