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Tech sales surge may only be temporary
By Tim Culpan
I wrote about a set of data in late May that portended a rebound in the tech sector. Now, I think some pain may ensue.
Specifically, I drew on Taiwan monthly sales, which listed companies are required to report.
This information is unique because it’s one of the few sets of data globally that gives visibility into the sector before quarterly numbers are released.
The figures pointed to a revenue bounce, which occurred last month.
[Bloomberg]
By Tim Culpan
I wrote about a set of data in late May that portended a rebound in the tech sector. Now, I think some pain may ensue.
Specifically, I drew on Taiwan monthly sales, which listed companies are required to report.
This information is unique because it’s one of the few sets of data globally that gives visibility into the sector before quarterly numbers are released.
The figures pointed to a revenue bounce, which occurred last month.
[Bloomberg]