Taiwan cuts 2024 GDP growth forecast despite rising AI demand
Taiwan
TAIPEI :Taiwan's trade-driven economy is expected to grow at a slightly slower pace in 2024 than previously forecast, with exports weaker than projected, despite an AI boom that has boosted demand for tech products, the statistics office said on Friday. The revised but still positive outlook remains a testament to Taiwan's growing prominence in the global technology supply chain and reinforces the island's crucial role in catering to the increasing global demand for AI technologies. Taiwan is a
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