The trade war and weakening demand are putting pressure on Taiwan’s tech companies. (Above) Taipei as seen from the observation deck of the Taipei 101 skyscraper. Photo: EPA-EFE
US-China trade war could squeeze profits of Taiwan’s top companies, S&P says
- Weaker iPhone sales, rising competition and oversupply are pressuring Taiwan’s tech firms, S&P says
- Taiwan however has raised its GDP growth forecast for this year and next
Topic |
Taiwan
The trade war and weakening demand are putting pressure on Taiwan’s tech companies. (Above) Taipei as seen from the observation deck of the Taipei 101 skyscraper. Photo: EPA-EFE