Apple’s 2017 iPhone Models Give Taiwan’s Weary Tech Sector a Reprieve
A boom in production of Apple iPhones is helping lift the economy of Taiwan, an industrial center that still relies on high-tech manufacturing contracts despite increasing competition from offshore.
Apple’s phone sales in the third quarter this year grew 5.7 percent over the same period of 2016, ahead of a cross-brand increase of 3 percent to 383 million units, market research firm Gartner says.
Orders for older iPhones as well as the iPhone X, which is seen taking off next year, have solidified orders for parts supplied by tech firms in Taiwan, analysts say.
Tech specialists say the Silicon Valley icon is looking this year to Taiwanese firms for chip production, camera modules, displays and final assembly.
Taiwanese-owned Foxconn Technology often assembles Apple gear at sprawling factories in China, for example. Taiwan Semiconductor Manufacturing Co., the world’s biggest chipmaker, is building the A11 processor for the iPhone 8, local media reports say.
Source: Voice of America