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Taiwan October exports increase

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Taiwan’s exports rose at their fastest rate in over two years in October, suggesti8ng strong year-end shopping demand for hi-tech goods remains on track.
Exports related to microchips and smartphone components rose by double-digit percentages, and a surge in imports bolstered by chip-making equipment suggested more gains ahead.

“It reflects a positive outlook for future export business,” the ministry said in a statement.

October’s exports rose 9.4 percent from a year earlier, better than expectations.
Exports to China rose 14.9 percent from a year earlier, while exports to the United States, Europe and Japan all reversed their September on-year declines.