DRIVING FORCE: The electronic components industry reported a rise of 22.15 percent on the back of faster deployment of 5G technology and high-performance computing

Taipei Times
Date: Jun 24, 2020
By: Natasha Li / Staff reporter

Industrial production last month increased 1.51 percent year-on-year, the smallest annual increase in four months, the Ministry of Economic Affairs’ Department of Statistics said in a report yesterday.

Largely dependent on the nation’s manufacturing sector, industrial production grew last month due to an increase in output from the electronic components industry, and the computer, electronic goods and optical components industry, the report said.

Making up more than 40 percent of production within the manufacturing sector, the electronic components industry reported a 22.15 percent year-on-year surge in output, marking its the sixth consecutive month of double-digit annual increase, the ministry said.    [FULL  STORY]