Asia’s electronics sector booms, bucking global economic slump

Global trade data in the Covid-19 era has been generally abysmal, but look a little closer and the electronics sector that fires Asia’s trade engines could be headed for a pretty good year.In South Korea, semiconductor exports rose in May and imports of equipment used in producing semiconductors surged 168 per cent, trade ministry data show. Taiwan’s electronics component exports, which include chips, grew 13.2 per cent in May to US$10.2 billion, even as total exports fell 2 per cent from a…

Read the original article at South China Morning Post