The contrasting performance is attributed to the thriving demand for artificial intelligence products, which benefited chipmakers, while consumer electronics producers struggled. The report suggests a shift in the tech industry, with AI and related technologies becoming increasingly important.
Key takeaways:
- Taiwan's tech industry saw contrasting performances in February, with major chipmakers thriving while consumer electronics companies struggled with falling sales.
- TSMC, the world's largest contract chip foundry, saw record high sales in February due to strong demand for AI-related products.
- Combined sales for Taiwan's major tech producers in February were down 5.9% year-on-year, marking the third consecutive month of negative growth.
- Consumer-focused electronics producers, including iPhone makers, faced difficulties with declining sales.