Strong iPhone 6 demand boosts Taiwan export orders

TRICKLE DOWN EFFECT: Booming shipments of the iPhone 6 helped Taiwan's export orders jump 12.7% in September year-on-year to a record US$43.3bil (RM141.2bil), the government said.

TAIPEI: Booming shipments of the iPhone 6 helped Taiwan's export orders jump 12.7% in September year-on-year to a record US$43.3bil (RM141.2bil), the government said Monday. 

It marked an eighth straight month of growth in export orders for tech-rich Taiwan, the economic ministry said in a statement. 

Orders for information and mobile devices rose 16.3% from a year ago to US$12.9bil (RM42.06bil), "mainly due to the launch of international brand name mobile devices that led to the significant increase of orders", the ministry said. 

Taiwanese giant Hon Hai — the parent company of Foxconn in China and the world's largest computer components manufacturer — assembles products for Apple, as well as Sony and Nokia. 

Its revenues surged 22.95% year-on-year in September to Tw$415.4bil (RM44.58bil). 

Media reports say local firms Pegatron Corp worked on the assembly of the new iPhone and TSMC — the world's biggest contract microchip maker — manufactured its chips, although neither company has confirmed the contracts. 

The economic ministry also credited rising demand for laptop computers for the boost in orders. Taiwanese firms produce laptops for a range of major brands including HP, Dell and Lenovo, while Acer alone has a 10.8% global market share, according to Taipei-based Digitimes Research. 

Export orders — those filed to manufacturers one or two months ahead of delivery — are a key indicator for the island's export-reliant economy. 

Orders for electronic products surged 19.4% year-on-year as the increased shipments of mobile devices spurred business for the semiconductor and computer memory storage sectors, the ministry said. 

Export orders from the United States hit a record US$11.4bil (RM37.17bil), up 15.5% year-on-year and up 20.6% from the previous month. 

Orders from mainland China and Hong Kong, Taiwan's other major overseas markets, rose 8.6% year-on-year to US$10.4bil (RM33.91bil). 

Apple launched the iPhone 6 and larger-screen iPhone 6 Plus on Sept 19, selling 10 million units in the opening weekend. — AFP

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