TAIPEI -- Taiwanese chipmakers will boost output 21% this year to a record 3.22 trillion New Taiwan dollars ($113 billion), government estimates show, benefiting from increased demand for semiconductors from both the East and West.
Production is expected to grow by another 4% next year, according to a survey by the Industry, Science and Technology International Strategy Center, a Taiwanese public-sector think tank. The projected 21% increase from 2019 would represent the sharpest gain in the past decade. The figures include chip design.
