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Taiwan tech tracker

Taiwan tech sales up on demand for Chinese smartphones, networking devices

Apple suppliers' product diversification pays off amid slow iPhone season

Revenues of many Taiwanese tech suppliers were boosted in May by orders from Chinese phone makers such as Huawei. (Photo by Cheng Ting-fang)

TAIPEI -- The revenue recorded by top Taiwanese tech companies climbed 12.25% year-on-year in May, driven by robust demand from Chinese handset-makers and for networking equipment that helped to offset soft iPhone sales.

The accumulated revenue for the 19 companies tracked by the Nikkei Asian Review surged to 875.42 billion New Taiwan dollars ($29.31 billion) in May. For eight of the 19 tech companies, May also marked their highest monthly revenue so far this year.

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