TAIPEI (Reuters) -- Taiwan's exports rose for an 11th straight month in May, and far exceeded expectations, boosted by global demand for microchips and hi-tech gadgets in the work-from-home pandemic boom, but the island's own COVID-19 spike could cloud the outlook.
Exports rose 38.6% from a year earlier to $37.41 billion last month, the Ministry of Finance said on Tuesday, setting a new historical high in value terms for a single month.