Business & Economy · 3 views
The AI boom is lifting economies across Asia. But for Southeast Asia, it might just be a ‘short-term blip’
Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports.
Story Brief
Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports. It’s not the only economy reporting surging growth and export numbers. Japan , Malaysia , Singapore and mainland China all reported over 20% growth in exports in July. Exports from South Korea, home to chipmaking giants SK Hynix and Samsung , surged by more than 60% .
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