The nation's export orders rose 11.92 percent from a year earlier to US$27.53 billion last month on stronger demand for information and communications products, the Ministry of Economic Affairs said yesterday.
"Strong demand for notebook computers and the continued outsourcing of orders by global manufacturers led to a pronounced rise in orders for information and communications," the ministry said in its statement.
In April, the nation recorded US$27.46 billion in export orders, representing an increase of 11.27 percent from April last year, statistics provided by the ministry showed.
Last month's export orders reached their second-highest level, following a record high of US$28.03 billion posted in March.
The report "shows Taiwan is gradually emerging from a typically slow second quarter," said Lucas Lee, an economist at Mega Securities Corp (兆豐證券).
"We need to see whether demand from the US will continue to catch up with that of Asia," he said.
In the first five months of the year, Taiwan took in export orders worth US$130.87 billion, up 12.25 percent from the same period last year.
The ministry expects the nation's export orders in the first half of the year to see signifant growth compared with the same period a year earlier.
"We expect double-digit [year-on-year] growth for export orders in June, as well as growth for the first half," said Huang Ji-shih (
"The exporters [we] surveyed have indicated a cautiously optimistic view for orders and capacity utilization," he said.
Netherlands-based semiconductor equipment supplier ASML Holding NV yesterday said that it is planning to hire an additional 1,000 people in Taiwan this year in response to growing demand from clients. ASML had previously planned to recruit 600 people this year, but that the plan has been adjusted upward, ASML vice president and ASML Taiwan general manager Grace Wang (汪佳慧) told reporters. ASML has a workforce of more than 4,500 in Taiwan, accounting for about 10 percent of its global total, Wang said. This year’s recruitment campaign would focus on adding people in the customer support, manufacturing and supply chain domains to assist ASML
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
UNDER MICROSCOPE: Taiwan detained three people who allegedly conspired to buy servers in Taiwan and export them using fraudulent documentation, prosecutors said Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday urged Super Micro Computer Inc to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about artificial intelligence (AI) servers made by its US partner. The development marked the nation’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such as Nvidia AI accelerators to China. Nvidia is “rigorous” in explaining regulations to all of its partners, Huang told reporters after arriving in Taipei. “Ultimately Super Micro has to run their own company,” he said in response to
Nvidia Corp yesterday announced that CEO Jensen Huang (黃仁勳) would attend an employee meeting in Taipei tomorrow to celebrate the launch of the company’s Taiwan headquarters project. Huang would attend a gathering at the site of Nvidia’s planned headquarters in Beitou Shilin Technology Park (北投士林科技園區), the company said in a statement. After arriving in Taiwan on Saturday last week, Huang told reporters that he plans to meet with Quanta Computer Inc (廣達) chairman Barry Lam (林百里) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman C.C. Wei (魏哲家), and would attend the groundbreaking ceremony for Nvidia’s Taiwan headquarters tomorrow. Nvidia has not yet applied
RSS