Service sector

Computer and information services industry sets first-quarter sales record

Taipei, May 10 (CNA) Taiwan’s computer and information services industry led several sectors in hitting a record level of sales for the first quarter, with total revenue surpassing NT$115 billion. ($3.9 billion) for the first three months of 2022, according to the Ministry of Economic Affairs (MOEA).

Data compiled by the Department of Statistics of the MOEA showed that industry revenue reached NT$115.8 billion in the first quarter, an increase of 11.9% over the same period last year. .

Of this total, the computer program design sector accounted for NT$87.2 billion, driven by strong demand for systems integration services, information security equipment and personal computing software, said the ministry.

Information services generated the remaining NT$28.6 billion in revenue, primarily from sales promotions by online auction platforms, as well as continued growth in cloud computing and data services. backup, the ministry said.

Double-digit growth in revenue from technical services

Meanwhile, the professional technical services industry posted revenue of NT$79.9 billion in the first quarter, setting a first-quarter record and representing a 13% increase from the same quarter. from last year.

Advertising and market research, which accounts for about half of the sector by revenue, saw sales growth of 17.3% in the first quarter of 2021, the ministry said, attributing the rise to a booming real estate market and strong demand for outdoor, print and online listings.

Management consulting and specialist design services, which each account for about a quarter of industry revenue, saw growth of just over 10% each, the data showed.

Only photography services, which account for just over 2% of the sector, saw their quarterly turnover fall by just under 4%, according to the ministry.

Rental sector

The rental sector also recorded a historic turnover of NT$37.4 billion in the first quarter, according to the ministry, marking a 4.1 percent increase from the same quarter in 2021.

Growth was led by a 6.7% increase in machinery and equipment leasing, particularly in electronics, finance and construction, while transport equipment leasing, which accounts for more than two third of the industry, rose a modest 3.1%, according to the ministry. mentioned.