News dalla rete ITA

12 Ottobre 2020

Taiwan

TAIWAN'S MANUFACTURING ACTIVITY SHOWS BIG EXPANSION IN SEPTEMBER

Taipei, Oct.5 (CNA) Manufacturing activity in Taiwan expanded in September for the third consecutive month, showing the strongest growth in more than two years, driven in part by the launch of new smartphones and automobiles, the Chung-Hua Institution for Economic Research (CIER) reported Monday.In September, the Purchasing Managers' Index (PMI) grew 1.7 points to 57.7, the biggest expansion since March 2018, CIER said.For the first time since May 2019, the six major industries in the PMI all rose, with the transportation sector topping the expansion at 66.1, followed by the eletric/optoelectronics sector at 62.4, and the food/textile sector 61 .It was the fourth straight month of expansion in the electric/optoelectronics sector, which CIER President Chang Chuang-chang (張傳章) attributed to strong demand for 5G and network communication equipment.Meanwhile, the electricity/machinery sector returned to expansion mode in September, ending 16 months of contraction, CIER said.CIER economist Chen Hsin-hui (陳馨蕙) said the United States' blacklisting of the China-based Semiconductor Manufacturing International Corp. (SMIC) and the launch of new smartphones and automobiles contributed to the rise of Taiwan's PMI in September.(By Flor Wang and Liang Pei-chi)Enditem/pc (ICE TAIPEI)


Fonte notizia: Organi di Stampa - Focus Taiwan News Channel