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Taiwan tech tracker

Taiwanese tech sales grow as China's smartphone makers restock

TSMC and MediaTek rebound in April as emerging markets grab lower-end phones

Mobile chip provider MediaTek ended a 13-month streak of revenue declines, reporting growth of over 7% on the year in April.   © Reuters

TAIPEI -- Top Taiwanese tech companies lifted revenue more than 8% on the year in April, benefiting from a recovery in orders by Chinese smartphone makers as well as mid- to low-end mobile demand from emerging markets.

Combined April sales reached 854.9 billion New Taiwan dollars ($28.7 billion) for 19 companies monitored by the Nikkei Asian Review, an increase of 8.63%.

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