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Taiwan chip exports jumped 18.4% last year as US sanctions crushed China's imports

January 17, 2023
Source: techspot.com techspot.com
News Snapshot:
In a nutshell: It's no secret that Taiwan's importance within the global technology industry can't be understated, but in a time of worldwide economic slowdown, crashing consumer demand, and more US sanctions against China's chip industry, did the island nation suffer last year? Not at all. Taiwan semiconductor exports rose for the seventh year in a row throughout 2022. China, meanwhile, saw its imports crash by 15% during the same period. As per Bloomberg, the Taiwan Ministry of Finance announced that its export of IC chips rose 18.4% from a year earlier, continuing a trend that has been unbroken since...
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Tags: AMD | Bloomberg | China | chip | chips | consumer | Covid-19 | Economy | export | Exports | finance | Giant | government | import | IT | law | manufacturing | Ministry of Finance | news | revenue | Sanctions | semiconductor | Taiwan | technology | United States

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