Industrial production expands 16.7%ROSY OUTLOOK: The manufacturing production index this year is expected to keep benefiting from demand for tech, including chip packaging, an official saidBy Meryl Kao / Staff reporterIndustrial production expanded 16.7 percent year-on-year last year, driven by growth in semiconductor, electronics and computers production, the Ministry of Economic Affairs said yesterday. The manufacturing production index — which accounts for 94.63 percent of the overall industrial production index — rose 17.87 percent year-on-year to 113.12 last year, exceeding the ministry’s forecast of between 112.28 and 112.61 and marking a record high for full year, ministry data showed. That was supported by industrial production growth last month of 21.57 percent year-on-year, while manufacturing production increased for the 22nd consecutive month by 22.98 percent annually. People watch a wafer on screens at the Taiwan Semiconductor Manufacturing Co Renovation Museum at the Hsinchu Science Park on July 5, 2023. Machinery equipment production rose 1.6 percent as demand for chipmaking equipment remained robust, she said.

Source: Taipei Times January 23, 2026 17:28 UTC