electronics exports hit a record high in september at 1658 billion with semiconductor exports growing 276 from a year earliertaiwans exports rose for a 15th straight month in september with the strongerthanexpected pace setting a new record as the islands manufacturers faced sustained demand amid a global shortage of computer chips and for consumer electronics exports in september were the highest monthly figure on record rising 292 from a year earlier to 3965 billion the ministry of finance said on friday analysts in a reuters poll had forecast a rise of 25 for september compared with a 269 increase in august advt the ministry attributed the growth to robust demand and rising prices for chips a shortage of which has crippled car plants globally and is affecting consumer electronics and the gradual postpandemic economic bounce back around the world electronics exports hit a record high in september at 1658 billion with semiconductor exports growing 276 from a year earlier firms such as taiwan semiconductor manufacturing co ltd tsmc are major suppliers to apple inc and other global tech giants as well as providers of chips for auto companies and lowerend consumer electronics the ministry warned of risks ahead including uncertainty over the covid19 pandemic and the effect of power cuts in china on supply chains but it said the outlook for the fourth quarter was good with new consumer electronics hitting the market and the yearend holiday season traditionally a busy time for taiwans tech firms helping exports september exports to china taiwans largest trading partner grew an annual 231 to 1749 billion while exports to the united states jumped 34 on year imports leapt 404 slightly under economists expectations for a 412 rise and an increase of 463 in august taiwan could see october exports increase in the range of 21 to 25 compared with a year earlier the ministry added china will release its trade data on oct 13also readrecovery swift but chip shortage can hurt volumesthe firm announced that its retailofthefuture setup where the company would handle all sales directly with its dealers handling only deliveries and services will be rolled out fully in the ongoing month schwenk said all of its franchise partners were supporting the company in the new setupsee more detailsgerman exports slip for first time in 15 months stats officeseasonally adjusted exports from germanys largest economy slipped monthonmonth to 113 billion euros 130 billion a 12 decline compared to the 05 increase economists had expectedsee more details reuters published on oct 8 2021 at 0440 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get