Taiwan's Industrial Production Hits Record High on AI Demand
By TaiwanPlus
Taiwan's industrial production index reached a record high in July, rising 25% year-on-year on the back of surging global AI demand. The manufacturing sector, which accounts for most of the index, grew nearly 27%, with computers and optical products jumping more than 95% and semiconductors and electronic components climbing over 22%. AI supply chain sectors such as machinery and metals also posted steady gains, while chemicals and automotives each fell around 5%. Officials expect growth to continue through August.
Taiwan Manufacturing Surges
REPORTER:
Global demand for AI drove Taiwan’s industrial production index to a record high in July, jumping 25 percent since last year.
Accounting for over 90 percent of that total index, the manufacturing sector hit a record high of 147.65—jumping nearly 27 percent from a year earlier, government data showed Tuesday.
Computers and optical products surged more than 95 percent to over 457, while semiconductors and electronic components gained over 22 percent.
Traditional sectors feeding the supply chain also saw steady growth, such as machinery and metals, however, chemicals and automotives both dropped by roughly 5 percent.
