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Taiwan GDP surges on tech demand
Nada Ali Published in Amwal Al Ghad on 30 - 04 - 2025

Taiwan's export-driven economy saw its fastest growth in a year in the first quarter of 2025 due to strong tech demand before potential US import tariffs.
The statistics agency reported that the gross domestic product increased by 5.37 per cent in the January-March quarter compared to the same period last year, marking the highest growth rate since the 6.64 per cent recorded in the first quarter of 2024.
Taiwan plays a crucial role in the global technology supply chain, hosting major companies like Apple and Nvidia, as well as the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Co Ltd (TSMC).
Attribution: Reuters
Subediting: M. S. Salama

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