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Taiwan's Communications and Cellphones devices Exports rapidly drop to 70% this year?

Do you know that Taiwan's Cellphone and Internet/Communication exportation drop rapidly to more than 70% for 11 months this year 2018?

Yes, definitely drop compared to the data shown from previous years according to the Ministry of Finance. The smartphones and features phone down for 71.9% or a totaled US$400 million than the previous year.

However, they have seen an increase in the demands of Chinese brands cell phones but some suppliers from South Korea are gearing up to expand the production that keeping the pressure of the Chinese brand.

Could this be the reason why some companies declare bankruptcy or crosscutting of overtime?

Some say Taiwan is under pressure of their economy due to the political position which is against China.


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