Tai­wan ex­ports end los­ing streak with sur­prise growth

The Myanmar Times - - International Business -

Tai­wan ex­ports ended a 17-month los­ing streak boosted by de­mand for elec­tronic parts as US tech gi­ant Ap­ple pre­pares to launch its new iPhone se­ries. Ex­ports last month grew 1.2 per­cent from July 2015, sur­pris­ing an­a­lysts who had pre­dicted an­other month of con­trac­tion. Tra­di­tion­ally a tech­nol­ogy man­u­fac­tur­ing hub, Tai­wan has been hit by slow­ing smart­phone de­mand and stiffer com­pe­ti­tion from re­gional firms in­clud­ing those from China.

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