Taiwan companies receive more orders from mainland in Q1

TAIPEI -- Taiwan companies received orders worth $43.76 billion from the mainland in the first quarter, up 11.4 percent year on year, the island's economic affairs department said.

The amount in March stood at $15.58 billion, up 9.1 percent, said the department. It added that orders for electronic products made up more than half last month.

Total orders received by Taiwan companies rose 16.8 percent year on year to $62.69 billion in March. The rise was partly attributed to eased supply chain shortages, strong demand for digital transformation, and high raw material prices, said the department.