Taiwan's GDP in the third quarter grew 3.97% year on year, exceeding previous predictions. Experts say the growth is due to strong demand for AI and new technologies.
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00:00Taiwan's economy grew almost 4 percent in the latest quarter. Third quarter GDP growth
00:06had previously been forecast at 3.21 percent, but actually grew 3.97 percent year-on-year.
00:13Experts say the spike was thanks to big demand for AI and other emerging technologies. This
00:18trend has raised Taiwan's 2024 annual growth estimate up by 0.2 percent to 4.1 percent.