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Taiwan tech tracker

Taiwan tech sales slow in June as iPhone cycle ends

Maturing market and trade war pose risk of deeper declines ahead

TAIPEI -- Revenue growth at major Taiwanese technology companies slowed in June, as demand for some Chinese smartphones and iPhones ebbed while the market awaits the arrival of new Apple products later this year.

The combined revenue of 19 companies monitored by the Nikkei Asian Review rose 4.08% on the year to 916.98 billion New Taiwan dollars ($30.01 billion) in June, down from the 12.25% increase recorded in May. The group had mixed performances in June, with 10 companies reporting sales declines while the rest managed to grow.

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