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SCIENCE AND TECHNOLOGY

Taiwan Export Orders Surge Again in July for the Consecutive 17th Month

Taiwan Export Orders Surge Again in July for the Consecutive 17th Month
The Siliconreview
19 August, 2021

A poll conducted by Reuters indicated that the country’s export orders are showing an upward trend in July for the 17th time in a row.

The Covid-19 pandemic continues to rattle the world as the waves startle nations one by one. Recently, the second wave in India wreaked havoc. People died in scores. Now, the Delta variant wave has gripped the entire Australian nation. Immediately after India’s disastrous second wave, Indonesia had witnessed a rising number of cases.

However, the pandemic has unleashed opportunities that were unknown in the pre-pandemic world. From online shopping to work-from-home, the pandemic has knocked at many uncharted doors that treasured endless opportunities. The large corporations once making work-from-office mandatory see it a threat now. Online classes, for instance, is revolutionizing EdTech market. These opportunities were hanging around, but went unnoticed until the pandemic hit the world last year.

Several countries witnessed record-high growth in their respective markets as the above mentioned opportunities were unleashed with full force. Taiwan, for instance, witnessed a record-high growth in July. The country’s export orders rose for the 17th consecutive month.

The growth was buoyed by strong sustained demand for technology products that people used during the lockdowns. As mentioned above, millions of people worldwide work from home and take classes online need technology latest products to operate efficiently.

A poll conducted by Reuters indicated that the country’s export orders are showing an upward trend in July for the 17th time in a row.