Taiwan recorded exports totaling US$246.7 billion for first-half 2022, the highest-ever for the six months of a year with growth of 19.2% on year, and semiconductor exports of US$92.84 billion, which took up 37.6% of the total, increased 30.5% on year, becoming the main source of the growth, according to Ministry of Finance (MOF).

Optical lens maker Ledlink Optics has experienced a ramp-up in orders from the automotive sector since the beginning of third-quarter 2022, which has helped boost its capacity utilization rate.

NOR flash memory prices are poised to drop 10-15% in the third quarter of 2022, as China-based suppliers scale up their output and offer more competitive prices, according to industry sources.