Huawei’s stockpiling of chips drives up Taiwan exports for second consecutive month

//Huawei’s stockpiling of chips drives up Taiwan exports for second consecutive month

Huawei’s stockpiling of chips drives up Taiwan exports for second consecutive month

Taiwan’s exports rose in September, boosted again by Chinese telecommunications giant Huawei Technologies’ rush to get in orders at Taiwanese firms before they had to comply with US curbs that took effect last month.Exports jumped 9.4 per cent from a year earlier to US$30.71 billion in September, the second-highest monthly tally on record, Taiwan’s finance ministry said on Wednesday. A Reuters poll had forecast a rise of 6.6 per cent for the month.In August, Taiwan’s exports rose 8.3 per cent…

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By | 2020-10-07T11:14:11+00:00 October 7th, 2020|Technology|Comments Off on Huawei’s stockpiling of chips drives up Taiwan exports for second consecutive month