By: Huang Chiao-wen and Frances Huang
Taipei, Oct. 8 (CNA) Taiwan remained the largest integrated circuit products exporter to China in the first seven months of this year, followed by South Korea, the Ministry of Economic Affairs (MOEA) said Saturday.
However, South Korea retained the top spot in terms of flat panel exports to China during the same period, while Taiwan trailed behind as the 2nd biggest supplier, the MOEA cited data as showing.
The data indicated that Taiwan and South Korea, which have a lot of similar industries, have been competing head to head in the high-tech market in China, the MOEA said.
According to the data, Taiwan grasped a 37 percent share in China’s IC import market, including sales to Hong Kong, for the first seven months of this year, up from 35.4 percent in 2015, while South Korea’s share stood at 24.8 percent in the same period, down from 25.7 percent in 2015. [FULL STORY]