Taiwan export orders jump 26.1%

Jan 20, 2011

Taiwanese export orders hit a historical high of $406.72 billion in 2010 on strong demand for computers, smartphones and other consumer electronic products, the government said Thursday.

The amount marked an increase of 26.1 percent over the previous year, the economic ministry said in a statement.

"With the global financial crisis easing and the world's economies starting to recover from the fourth quarter of 2009, the value of export orders hit a historical high," it said.

Last year the tech-savvy island received $100.6 billion worth of orders for IT and telecommunication products, up 26.8 percent year-on-year, as well as $99.4 billion worth of electronic products, up 27.0 percent.

In December alone, the value of export orders also hit a monthly record $36.6 billion, up $4.8 billion, or an increase of 15.3 percent year-on-year, it said.

Orders from , the island's leading trade partner, for the first time broke the $100 billion-level to reach $109.1 billion for the full year of 2010. The figure represented growth of 27.2 percent year-on-year.

Orders from the increased 18.8 percent to $86.7 billion while those from rose 24.7 percent to $71.7 billion as electronic product demand from the two regions gained momentum from the second half of last year.

Explore further: Apple's fiscal 3Q earnings top analyst forecasts

add to favorites email to friend print save as pdf

Related Stories

China's TV makers plan Taiwan shopping spree: report

May 23, 2010

A delegation of Chinese television makers is heading to Taiwan to buy five billion US dollars' worth of components, part of Beijing's efforts to boost the island's economy, a report said Sunday.

ASML returns to profit in third quarter, orders up

Oct 14, 2009

(AP) -- ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased ...

Recommended for you

Apple's fiscal 3Q earnings top analyst forecasts

7 hours ago

Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

Verizon 2Q profit rises 93 percent

15 hours ago

Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless.

Ex-Qualcomm exec pleads guilty to insider trading

Jul 21, 2014

A former high-ranking executive of US computer chip giant Qualcomm pleaded guilty Monday to insider trading charges, including trades on a 2011 deal for Atheros Communications, officials said.

User comments : 0