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Taiwan tech logs record sales on iPhone-Xbox perfect storm

Electric vehicles and US sanctions on SMIC also keeping suppliers busy

The debut of 5G-compatible iPhones helped push Taiwan's tech sector to record sales in November.    © Reuters

TAIPEI -- Revenue in Taiwan's technology sector surged to record levels in November as the popularity of 5G-compatible iPhones and rising demand for personal computers spurred by the pandemic kept plants humming at chip and panel manufacturers.

Nineteen large Taiwanese information technology companies rang up a total of 1.45 trillion New Taiwan dollars ($51.6 billion) for November, data compiled by Nikkei shows -- the highest on record for any month since the survey began in January 2013.

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