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LOW COMPARISON BASE: An official said orders for ICT products rose due to the continued effect of ‘a certain delayed smartphone product’ by an international firmBy Angelica Oung / Staff reporter
Taipei, Feb. 24 (CNA) Taiwan's export orders in January grew for the 11th consecutive month to US$52.72 billion, a year-on-year increase of 49.3 percent, the Ministry of Economic Affairs (MOEA) reported Wednesday.
Export orders grew year-on-year for the 11th consecutive month last month, rising 49.3 percent to US$52.72 billion on the back of a low comparison base last year, the Ministry of Economic Affairs said yesterday.
The increase was influenced by the timing of the Lunar New Year holiday, which was in January last year, but February this year, Department of Statistics Director Huang Yu-ling (黃于玲) said.
Last month’s figure fell 12.9 percent month-on-month due to seasonal factors, the ministry said.
Orders for information and communications technology (ICT) products were US$15.09 billion, up 55.6 percent year-on-year, it said.
The increase reflected the continued effect of “a
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