Reported 10 months ago
According to statistics from the Ministry of Economic Affairs, Taiwan's manufacturing industry's domestic fixed asset investment continued to decline in the first quarter of this year due to high interest rates and inflation control. However, investments in industries like chemical materials, fertilizers, metal products, oil and coal products, basic metals, and machinery equipment have shown growth compared to the previous year. Although overall manufacturing investment momentum has not fully recovered, investments in AI opportunities, net zero transformation, and automation have been growing. Semiconductor industry is expected to contribute to boosting the country's manufacturing investment momentum through technological advancements and digital automation, despite uncertainties like slow global economic recovery and geopolitical tensions.
Source: YAHOO