View photos

(Bloomberg) — Global trade data in the Covid-19 era has been generally abysmal, but look a little closer and the electronics sector that fires Asia’s trade engines could be headed for a pretty good year.

In South Korea, semiconductor exports rose in May and imports of equipment used in producing semiconductors surged 168%, trade ministry data show. Taiwan’s electronic-component exports, which include chips, grew 13.2% in May to $10.2 billion, even as total exports fell 2% from a year earlier.

The electronics industry is holding up relatively well amid the pandemic as companies adopt new technologies — including 5G equipment and automation tools — that make it easier for employees to work remotely. A sustainable boost will

Read More At Article Source | Article Attribution