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Home » Market Update » Taipei – Production back up on electronics

Output from the manufacturing sector, which makes up more than 90 percent of industrial output, expanded by 4.15 percent, largely due to demand for electronic components, reports Taipei Times.

“Demand for electronic components remains robust due to new technologies and services, such as 5G, the Internet of Things, cloud computing and high-performance computing,” Department of Statistics Director-General Wang Shu-chuan told Taipei Times.

After production of integrated circuits and LCD panels grew 32.27 percent and 3.49 percent respectively, total output of the electronic components industry increased 22.15 percent year-on-year, the data showed

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