TAIPEI- Taiwan’s exports likely rose for the 20th straight month in February but at a slower pace, a Reuters poll showed, boosted by sustained demand for chips and hi-tech gadgets despite a week-long Lunar New Year holiday.
Taiwan, a global hub for chip production and a key supplier to Apple Inc, is one of Asia’s major exporters of technology goods, and the trade data is seen as an important gauge of world demand for tech gadgets.
Exports last month were expected to have risen 15.5 percent from a year earlier, a Reuters poll of 15 analysts showed, slightly slower than the 16.7 percent gain in January.
The export forecasts ranged between a rise of 7.6 percent and 24.6 percent, reflecting uncertainties over the global economic recovery and ongoing supply chain disruptions caused by the COVID-19 pandemic.
