Taiwan added to signs the global economy is shaking off the effects of the coronavirus pandemic, with exports<\/a> rising for an eighth straight month in February. 台湾加入到全球经济正在摆脱迹象冠状病毒大流行的影响,出口2月份连续八分之一月上升。
Overseas shipments rose 9.7% last month to a record high for February, fueled by exports of electronics and semiconductors<\/a>, the Ministry of Finance<\/a> said Tuesday in Taipei. Imports rose 5.7% and the trade surplus was $4.51 billion.
Exports will likely grow between 15% and 20% this month with display panels joining semiconductors as a new driver of growth due to supply shortages and rising prices, the ministry’s chief statistician Beatrice Tsai said at a briefing.
The latest data from Taiwan adds to signals from other exporting economies in the region that demand is improving in the U.S. and Europe. South Korean exports increased 9.5% in February from a year earlier while Chinese shipments jumped 60.6% in dollar terms in January and February combined.
Export growth figures are usually distorted in the first two months of the year due to the Lunar New Year holiday, which was in February this year.
Taiwan’s major technology companies have been scrambling to keep up with surging overseas demand in recent months. Hon Hai Precision Industry Co.<\/a>, the main assembler of Apple Inc’s iPhone, reported an almost 85% surge in revenue to NT$401.9 billion ($14.2 billion) in February. The island’s largest company, Taiwan Semiconductor Manufacturing Co.<\/a>, releases its February sales data Wednesday.
Taiwan’s technology advantage over rival exporting economies puts it in a “unique and strong” position, according to Angela Hsieh, a regional economist for Barclays Plc<\/a> in Singapore.
“Taiwan’s growth outlook will continue to be supported by buoyant tech demand, especially for its foundry industry,” she said. “The global chip shortage underscores the extremely tight supply conditions across major end-products.”
Taiwanese employers also appear to be confident, with local companies showing the strongest intention to hire more staff in the second quarter in a ManpowerGroup Inc.<\/a> survey of 43 markets worldwide.
The government more than doubled its forecast for export growth this year to 9.6%, citing increased demand for Taiwan’s semiconductors. Officials warned however this may add to pressure on the local currency to appreciate further. The Taiwan dollar has strengthened more than 6% over the past 12 months against the U.S dollar, the second biggest gain among Asian peers after the Chinese yuan.
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上个月海外出货量增长9.7%为2月创纪录高位,受电子和出口半导体,财政部在台北周二说。进口增长5.7%,贸易顺差45.1亿美元。
本月出口将增长15%至20%,显示面板加入半导体作为新的利润增长点由于供应短缺和价格上涨,卫生部首席统计学家贝雅特丽齐蔡在新闻发布会上说。
出口增长数据通常扭曲在今年前两个月由于春节假期,这是今年2月。
台湾的主要科技公司一直在努力跟上飙升近几个月海外需求。鸿海精密工业股份有限公司。苹果(aapl . o:行情)的iPhone的主要汇编程序,报告,收入激增近85% 2月份新台币4019亿元(合142亿美元)。岛最大的公司,台湾半导体制造有限公司,周三公布2月销售数据。
台湾科技优势的竞争对手出口经济体所说“独特和强大”的立场,根据安吉拉谢长廷,区域经济学家巴克莱集团(Barclays Plc)在新加坡。
“台湾的增长前景将继续活跃的技术支持的需求,尤其是对其铸造行业,”她说。“全球芯片短缺凸显了极其供应紧张状况主要产物。”
台湾雇主似乎也自信,与当地企业表现出最强的意图在第二季度在雇佣更多的员工万宝盛华公司全球43个市场的调查。
政府增加了一倍多预估今年出口增长9.6%,称台湾半导体的需求增加。然而这官员警告可能增加对人民币进一步升值的压力。新台币加强了超过6%在过去的12个月对U。美元,第二个亚洲同行之间的最大涨幅后人民币。
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Taiwan added to signs the global economy is shaking off the effects of the coronavirus pandemic, with exports<\/a> rising for an eighth straight month in February.
Overseas shipments rose 9.7% last month to a record high for February, fueled by exports of electronics and semiconductors<\/a>, the Ministry of Finance<\/a> said Tuesday in Taipei. Imports rose 5.7% and the trade surplus was $4.51 billion.
Exports will likely grow between 15% and 20% this month with display panels joining semiconductors as a new driver of growth due to supply shortages and rising prices, the ministry’s chief statistician Beatrice Tsai said at a briefing.
The latest data from Taiwan adds to signals from other exporting economies in the region that demand is improving in the U.S. and Europe. South Korean exports increased 9.5% in February from a year earlier while Chinese shipments jumped 60.6% in dollar terms in January and February combined.
Export growth figures are usually distorted in the first two months of the year due to the Lunar New Year holiday, which was in February this year.
Taiwan’s major technology companies have been scrambling to keep up with surging overseas demand in recent months. Hon Hai Precision Industry Co.<\/a>, the main assembler of Apple Inc’s iPhone, reported an almost 85% surge in revenue to NT$401.9 billion ($14.2 billion) in February. The island’s largest company, Taiwan Semiconductor Manufacturing Co.<\/a>, releases its February sales data Wednesday.
Taiwan’s technology advantage over rival exporting economies puts it in a “unique and strong” position, according to Angela Hsieh, a regional economist for Barclays Plc<\/a> in Singapore.
“Taiwan’s growth outlook will continue to be supported by buoyant tech demand, especially for its foundry industry,” she said. “The global chip shortage underscores the extremely tight supply conditions across major end-products.”
Taiwanese employers also appear to be confident, with local companies showing the strongest intention to hire more staff in the second quarter in a ManpowerGroup Inc.<\/a> survey of 43 markets worldwide.
The government more than doubled its forecast for export growth this year to 9.6%, citing increased demand for Taiwan’s semiconductors. Officials warned however this may add to pressure on the local currency to appreciate further. The Taiwan dollar has strengthened more than 6% over the past 12 months against the U.S dollar, the second biggest gain among Asian peers after the Chinese yuan.
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