Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Taiwan export orders slump the most since 2009

Taiwan Semiconductor Manufacturing Company (TSMC) Fab 15B, one of the company’s four giga semiconductor fabrication plants, is seen in Taichung. (Photo: Reuters)

Taiwan’s export orders in March plunged by the most since the global financial crisis as global demand for semiconductors shows little sign of improving.

The value of overseas orders to Taiwanese companies shrank to US$46.6 billion last month, a 25.7% drop compared to a year ago. The contraction was the largest since January 2009.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.