Focus Taiwan
Date: 06/20/2020
By: Wu Po-wei and Frances Huang

Taipei, June 20 (CNA) Taiwan's export orders rose slightly from a year earlier in May as solid demand for tech devices offset the impact on the old economy sector from the COVID-19 coronavirus, the Ministry of Economic Affairs (MOEA) said Saturday.

Data compiled by the MOEA showed that export orders received by Taiwanese exporters totaled US$38.89 billion, up 0.4 percent from a year earlier, marking the third consecutive month of a year-on-year increase.

In the first five months of this year, however, Taiwan's export orders fell 1.5 percent from a year earlier to US$181.66 billion.

In May, the MOEA said, local electronic component makers benefited from strong demand for emerging applications such as 5G communication and high performance computing devices, which drove up orders enjoyed by semiconductor suppliers and server, printed circuit board and passive component exporters.    [FULL  STORY]