Taiwan’s industrial production index rose 18.11% year-on-year to 113.53 in
the latest month, led by AI- and semiconductor-related orders, the Ministry
of Economic Affairs said. The manufacturing index—which makes up 94.63%
of industrial output—climbed 19.55% to 114.22, the 17th straight month of
growth. For January–July, industrial and manufacturing output rose 16.85%
and 18.02%, respectively.
Electronics led gains: electronic components +29.52%, semiconductors
+33.91%, and computers/electronic/optical products +39.03%. Flat panels fell
2.98%, ending growth since May. Traditional sectors were weak: base metals
–6.17% and chemicals/fertilizers –4.29% amid soft demand and China's
oversupply. Vehicles –2% on tariff concerns, while machinery rose 7.62% on
semiconductor equipment demand.
The ministry expects manufacturing output to grow 9.6%–13.5% year-on-year
next month, while remaining cautious for the rest of the year due to a high
comparison base, with AI demand and new consumer electronics providing
support.
