Export orders last month rose to an all-time high of US$22.15 billion from US$20.15 billion in July, the Ministry of Economic Affairs said yesterday.
The August figure marks a 22.65 percent increase year-on-year, compared with an 8.71 percent rise in the preceding month, the ministry said.
In the first eight months of the year, export orders totaled US$158.81 billion, up 16.94 percent from a year earlier, it added.
"The bottoming out of global electronics demand and a weaker NT dollar helped boost the nation's overseas sales," Chang Yaw-tzong (張耀宗), the ministry's statistics chief, said at a press briefing . "Taiwan's export orders may set another record in September or October."
Export orders for information technology and communications products amounted to US$4.25 billion, up 37.24 percent from a year earlier, the ministry said.
Orders for electronics products reached US$5.14 billion, up 25.91 percent year-on-year, while textile orders rose 12.43 percent year-on-year to US$1.24 billion.
The United States registered the biggest amount of export orders in August of US$5.98 billion, up 9.79 percent from a year earlier.
Orders from Hong Kong in August rose 30.24 percent year-on-year to US$5.46 billion, while those from Japan increased 45.50 percent to US$2.42 billion.
Orders from Europe amounted to US$3.40 billion, up by 23.63 percent from a year earlier.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
‘FAILED EXPORT CONTROLS’: Jensen Huang said that Washington should maximize the speed of AI diffusion, because not doing so would give competitors an advantage Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) yesterday criticized the US government’s restrictions on exports of artificial intelligence (AI) chips to China, saying that the policy was a failure and would only spur China to accelerate AI development. The export controls gave China the spirit, motivation and government support to accelerate AI development, Huang told reporters at the Computex trade show in Taipei. The competition in China is already intense, given its strong software capabilities, extensive technology ecosystems and work efficiency, he said. “All in all, the export controls were a failure. The facts would suggest it,” he said. “The US
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
French President Emmanuel Macron has expressed gratitude to Hon Hai Precision Industry Co (鴻海精密) for its plan to invest approximately 250 million euros (US$278 million) in a joint venture in France focused on the semiconductor and space industries. On his official X account on Tuesday, Macron thanked Hon Hai, also known globally as Foxconn Technology Group (富士康科技集團), for its investment projects announced at Choose France, a flagship economic summit held on Monday to attract foreign investment. In the post, Macron included a GIF displaying the national flag of the Republic of China (Taiwan), as he did for other foreign investors, including China-based
RSS