Taiwan’s industrial production solidifies on strong AI demand

Taipei [Taiwan], May 24 (ANI): Taiwan’s industrial production registered a rise of more than 20 per cent as compared with the same month last year, marking the 14th consecutive month of year-on-year growth, as per Taiwan’s Ministry of Economic Affairs (MOEA).

The rise was attributed towards the strong global demand for the applications of artificial intelligence, as reported by Focus Taiwan on Friday.

The Deputy Head of MOEA’s Department of Statistics, Huang Wei-jie, said that demand for AI still served as a driver for industrial production growth.