2020 H1 Photonic Industry Revenue in Taiwan
Global economic has been unstable in the first half year of 2020. It has impacted on the investors all over the world while each of the industry analysts believed that the world is continuing changing. Due to COVID-19, the world economic is obviously declining that many of the countries are announcing for economic recession. Despite the outlook of economic is declining, photonic industry in Taiwan appeared to have a both inclined and declined phenomenon after analysis by PIDA.
PIDA has announced the statistics of 2020 H1 Photonic industry revenue in Taiwan. In 2020 H1, the overall revenue has dropped 8.2% from 2019 H1, resulting at NTD 627.6 billion. Looking into more details of photonic industry categories as shown in Figure 2, overall revenue was declined but biophotonic and laser application and precision photonic industries showed continuous growth.