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News » Taiwan’s IT revenue grew by 11%

Taiwan’s IT revenue grew by 11%

The computer and information technology (IT) services industry revenue in Taiwan rose by 11% to NT$105.7 billion (approximately US$ 3.8 billion) in the second quarter of 2021, according to the Ministry of Economic Affairs.

This is the country’s highest recorded Q2 figure amid the remote work demand. 

The increase was mostly driven by the computer programming sector which has a 9.7% annual boost to a record NT$78.9 billion (approximately US$ 2.8 billion).

Department of Statistics Deputy Director-General Huang Wei-jie said, “Businesses seeking to accommodate work-from-home needs had to widely upgrade their corporate IT equipment such as servers and data protection.” 

Huang added that the “Software and hardware demands for network architecture grew, leading to growth in the computer programming industry.”

The ministry reported that the overall 1H revenue of the technical support and professional services sector has improved by 0.4% to NT$144.6 billion (approximately US$ 5.19 billion).

Read more here.

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