Taiwan industrial output hit new high in 2014

TAIPEI - Taiwan’s industrial production index climbed 6.14% on-year to a record high of 106.56 in 2014, according to the Ministry of Economic Affairs. The top performer among the sub-indexes was manufacturing, which expanded 6.41% to 106.67, also a new record.

A breakdown of manufacturing in December shows the biggest improvers as computers, electronics and optical products, up 18.01%, machinery and equipment, up 15.03%, and electronic components and parts picking up 12.88%.
Yang Kuei-hsien, deputy director-general of the MOEA Department of Statistics, said Taiwan’s industrial production is expected to witness further expansion in the first quarter as global demand continues to rise for cloud and Internet of Things applications, as well as mobile devices based on 4G long-term evolution technology. www.taiwantoday.tw (ATI).