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Taiwan tech tracker

Apple suppliers drove record Taiwan tech revenue in December

Analysts cut forecasts for Q1 2018 as iPhone X sales disappoint

TAIPEI -- While Apple suppliers continued to fuel sales in Taiwan's tech sector in December and helped drive 19 tech firms monitored by the Nikkei Asian Review to record combined revenue in 2017, market watchers fear the party may be over.

For December, overall sales of the 19 tech companies on the Nikkei Asian Review's watchlist increased more than 20% year-on-year to a record 1.24 trillion New Taiwan dollars ($41.91 billion). This represents the second consecutive month with the highest-ever monthly revenue since January 2013, when listed companies in Taiwan began to adopt international financial reporting standards.

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