Taiwan's Exports Slow in February but Tech Firms Stay Strong
• Taiwan's export growth slowed to 1.3% year-on-year in February, down from 18.1% in January • Drop partly attributed to Lunar New Year holiday; analysts forecast export growth in 2024 • Strong demand seen for AI-enabled devices like phones, PCs, servers, and components • China/Hong Kong remains biggest market, though exports there fell 16.7% in February • Major Taiwanese tech firms like UMC and Acer report continued sales growth in February