Taiwan Q4 preliminary GDP beats forecast, 2023 growth at 1.4%


TAIPEI: Taiwan's trade-dependent economy accelerated in the fourth quarter, growing faster than expected thanks to strong domestic consumption and a rebound in exports, and expanded 1.4% for the full year.

Taiwan is a key hub in the global technology supply chain for companies such as Apple Inc, and home to the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Co Ltd (TSMC).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Taiwan , GDP , exports , TSMC

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read