Export orders received in Oct. hit 12-month high of US$31.7 bil.

The MOEA tallies showed that orders from mainland China and Hong Kong accounted for the largest portion at US$8.061 billion in October, up 19.6 percent from a year earlier.

Orders from the U.S. came second at US$7.097 billion in the month, representing a slight annual increase of 0.67 percent.

Orders from Europe reached US$5.96 billion, showing a decline of 10.19 percent from a year earlier, with orders for information and communications products posting the largest drop of US$240 million. Orders from Japan came to US$3.792 billion and those from the Association of Southeast Asian Nations amounted to US$3.017 billion.

Huang Chi-shih, director general of the Department of Statistics under the MOEA, said that the positive growth seen in the orders received in October has clearly indicated that Taiwan has got rid of the shadow of the global financial tsunami.

A further breakdown showed that orders for precision instrument posted the highest annual growth of 29.47 percent or US$670 million, and those for information and communications technology products also surged 5.63 percent or US$440 million.

Meanwhile, a survey of local manufacturers and traders conducted by the MOEA indicated that 21.75 percent of the polled expected to receive more orders in November than in October, and 49.8 percent estimated the orders they receive in November would be almost at the same levels as recorded in October. By contrast, 28.45 percent said they would receive less volume of orders in November.

The industrial production index compiled by the MOEA stood at 109.63 in October, representing an annual increase of 6.56 percent, the highest growth of its kind since May 2008.

In related news, the global shipment of personal computers is expected to hit a high of 336.6 million units in 2010, for an annual increase of 12.6 percent, according to predictions made by Gartner, an international research and consultancy institute.

Gartner also expected the average selling price (ASP) of PC products to drop at a slower pace amid the market recovery.

Gartner also projected the global PC production value to reach US$222.9 billion in 2010, representing an increase of 2.6 percent over this year.

The institute took a conservative attitude toward whether the Windows 7 operating system will help to boost PC sales during the Christmas season. 

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