By: Huang Chiao-wen and Frances Huang
Taipei, Feb. 20 (CNA) Taiwan is likely to report a year-on-year decline in January export orders for the 10th consecutive month as the bellwether electronics sector, which served as the backbone of the country’s outbound sales, was faced with slow season effects, the Ministry of Economic Affairs (MOEA) said Saturday.
Moreover, Taiwanese exporters in the Apple Inc. supply chain have felt the pinch of the impact resulting from weakening sales of the latest iPhones — the iPhone 6s and the iPhone 6s Plus — , which were unveiled in September of 2015, the MOEA said.
Following a more than 12 percent year-on-year decline in export orders recorded in December, Taiwan is expected to report another fall for January, marking a 10-month losing streak. [FULL STORY]