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 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
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

Taiwan

Business /  Companies

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
Chad Bray
Chad Bray

Updated: 10:28pm, 4 Sep, 2019

Why you can trust SCMP
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 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
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
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