Taiwan tech industry ekes out growth as tough quarter begins

Loss of server demand adds to troubles facing suppliers

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A technician checks servers at a Japanese cryptocurrency mining operation. Server demand has "lost steam" as an earnings driver for Taiwanese suppliers, a chip industry executive says. (Photo by Kotaro Fukuoka)

LAULY LI, Nikkei staff writer

TAIPEI -- Taiwan's technology sector, a barometer of global electronics demand, returned to growth in January but remains in a precarious position as a slowdown spreads from smartphones to servers. 

The combined revenue of 19 Taiwanese manufacturers tracked by Nikkei edged up 1.32% on the year to 966 billion New Taiwan dollars ($31.3 billion), marking the first growth in two months.

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