BUSINESS Taiwan manufacturing revenue up in Q1

BUSINESS

Taiwan manufacturing revenue up in Q1

Xinhua

11:09, June 12, 2018

TAIPEI, June 11 (Xinhua) -- The revenue of Taiwan's manufacturing sector expanded for the sixth consecutive quarter in the first three months of the year, the island's economic authority said Monday.

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Photo: Xinhua

Total sales for the first quarter was 6.3 trillion new Taiwan dollars ($210.5 billion), up 0.7 percent from a year earlier.

Traditional industries outperformed the high tech sectors, as the chemical raw material industry increased 11.4 percent, while the revenue for computers, electronics and opticals dropped 6.3 percent year-on-year.

The authority said the growth in revenue was expected to continue in the second quarter.

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