Taipei, April 20 (CNA) Taiwan's export orders rose 12.3 percent in March from a year earlier to US$41.12 billion, on the back of strong demand for electronic products and information and communication products, the Ministry of Economic Affairs (MOEA) said on Thursday.
The rise marked the eight consecutive month of positive growth and represented an increase of US$7.37 billion, or 21.8 percent, from the same month last year, according to the MOEA's Department of Statistics.
Orders for electronic products and information and communication products both reached the highest ever for March, rising 11.9 percent to US$10.72 billion and 10.4 percent to US$11.37 billion, respectively, from a year earlier, the ministry said.
Orders for electronic products increased due to strong demand for high-end wafers, DRAM and IC packaging and testing, while orders for information and communication equipment rose due to increased demand for notebook computers, servers and network communication products, the ministry said.
(By Huang Ya-chuan and Christie Chen)