News Snapshot:
Taiwan 2021 economic growth may reach 5%, says TIER February 26, 2021 Thanks to unexpected strong demand arising from the coronavirus pandemic and the US raising tariffs on China-made products, Taiwan’s manufacturing industries, especially high-tech ones, have gained significant growth momentum, and Taiwan’s 2021 GDP will grow by over 4% and likely by 5%, according to Taiwan Institute of Economic Research (TIER). Sharply growing demand for remote working and learning and fast accelerating deployment of 5G infrastructure have led to substantial increases in demand for ICT products, TIER said. Many kinds of products have been in short supply, for example,...
