|
Export orders last month jumped 10.8% from a year earlier, the
biggest leap since March 2022, to $47.1 billion, the economy
ministry said on Monday, topping the 4.5% gain forecast in a
Reuters poll. Orders had edged up 1.2% in March.
Orders for goods from Taiwan, home to tech giants such as chip
manufacturer TSMC, are a bellwether of global technology demand.
The ministry cited risks ahead including the impact of high
interest rates in the United States and Europe, China-U.S. trade
disputes and broader geopolitical uncertainty.
Despite those risks, "high-performance computing and
accelerating expansion of new applications such as AI boost
solid demand for our semiconductor and servers supply chain,"
the economy ministry said in a statement.
"That is expected to boost growth momentum of export orders."
Looking ahead, the ministry said it expects that export orders
in May would rise between 1.8% and 6.2% on-year.
Taiwan's orders in April for telecommunication products rose
8.4% from the prior year, while electronic products jumped 22.7%
on year, it said.
Orders from China rose 16.3% versus a 7.7% jump in the prior
month. Orders from the United States were up 11.8%, improving
from a 2.2% decline logged in March.
Orders from Europe slipped 0.2%, also improving from March's
6.2% fall.
From Japan, orders dropped 10.5% last month, versus a
contraction of 18% in March.
(Reporting by Faith Hung and Roger Tung; Editing by Emelia
Sithole-Matarise)
[© 2024 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
