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Taiwan posts near 39-year high quarterly growth of 13-point-69 percent
Posted on 2026-04-30 18:16:14
Taiwan's economy grew at its fastest quarterly pace in nearly 39 years in the
first quarter of this year, driven by surging demand for artificial
intelligence.

The Directorate-General of Budget, Accounting and Statistics says preliminary
data puts first-quarter growth at 13-point-69 percent, up 2-point-23
percentage points from its February forecast.

The agency says strong demand for A-I, high-performance computing, and cloud
infrastructure -- along with mass production of next-generation products --
drove a sharp expansion in electronics and I-C-T exports.

Robust demand for emerging technologies also helped sustain business
investment.

Private consumption also beat expectations, supported by a government cash
handout program and a wealth effect from record stock market highs.

(PB)

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