Reported about 13 hours ago
Taiwan's export orders surged by 30.5% in September, reaching $70.22 billion, far exceeding forecasts of a 17.8% increase. This marks the eighth consecutive month of growth, largely driven by the island's role as a crucial hub for the artificial intelligence industry, despite ongoing concerns about U.S. tariffs. Notable increases include telecom products up 33.1% and electronic products soaring by 45.9%. The Ministry of Economic Affairs anticipates a record total for annual orders and projects continued growth into October.
Source: YAHOO