TAIPEI- Taiwan’s export orders grew faster than expected in November to a historic high due to sustained technology demand ahead of the year-end holiday shopping season, but the government warned of many uncertainties next year that could affect the outlook.
Taiwan’s export orders, a bellwether of global technology demand, rose 13.4 percent from a year earlier to $65.5 billion last month, the highest monthly figure on record, data from the Ministry of Economic Affairs showed on Monday.
That was the 21st month of expansion, with the pace much faster than the median forecast for a rise of 5.8 percent in a Reuters poll.
The ministry said supply chain problems were easing and there was solid consumer demand for technologies such as notebook computers and 5G ahead of the festive season.
