Taiwan's industrial production caught in between US- China tensions | Snap | ING Think
With rising US-China trade tensions, the tech supply chain is now at risk. What will be the impact of all of this on Taiwan, which is a small economy specialising in manufacturing semiconductors?
Taiwan experienced a +3.5% year on year rise in industrial production in April from +10.41%YoY in March, which is mostly the result of a higher base effect. Integrated circuits increased by a considerable 32.27%YoY due to 5G production, internet of things and cloud computing.
