TAIPEI : Taiwan's exports fell more than expected in June, clocking their worst decline in almost 14 years, as the island struggled with persistent weakness in demand from the U.S. and China for its tech products as well as a dour outlook.
Total shipments of electronic components in June fell 21.3 per cent from the year before to $13.58 billion, with semiconductor exports down 20.8 per cent, it said. Taiwanese firms such as TSMC, the world's largest contract chipmaker, are major suppliers to Apple Inc, Nvidia and other global tech giants, besides providing chips for auto companies and lower-end consumer goods.
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