The government yesterday raised its economic growth forecast for this year to 11.05 percent, which would be the fastest pace in 39 years, as stronger-than-expected exports, investment and consumption extended the economy’s artificial intelligence (AI)-fueled expansion.The latest forecast was 1.41 pe
(Beijing=Yonhap News) Correspondent Han Jong-gu = Taiwanese authorities have raised their economic growth forecast for this year to double digits, driven by the artificial intelligence (AI) boom.
This year, Taiwan's economy is expected to grow as strongly as it has been for almost 40 years. The country benefits from the high demand for AI chips.