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Trade

Taiwan exports grow 9.7% in February on semiconductor demand

Strong figure comes despite a week of national holidays last month

Taiwan's semiconductor industry was the main contributor to the growth in exports in February.   © Reuters

TAIPEI -- Taiwan's exports grew 9.7% to $27.79 billion in February from a year earlier, the eighth straight monthly increase despite the prolonged pandemic.

The semiconductor industry -- the pillar of Taiwan's economy, contributing to more than 30% of total exports -- was the main contributor to the growth in shipments, government data showed on Tuesday.

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