China continues to ramp up supplies from Taiwan amid global semiconductor shortage in the global economy

Semiconductor exports from Taiwan to Hong Kong and mainland China were up 34% in March and 47% in the first quarter from last year, Taiwan’s Ministry of Economic Affairs said Tuesday.  Importers from mainland China and Hong Kong accounted for 33.7% of orders in March, less than one percentage point behind the US, according to the ministry.  Another reason for the rise in supply is that Chinese technology companies continue to build up reserves for the future in case China faces even greater difficulties in sourcing technology products from Taiwan due to deteriorating relations with the United States.  # technologies # foreign trade