TAIPEI -- The revenue of major Taiwanese tech companies declined year-on-year for the first time in 15 months in February, hit by lackluster iPhone X demand, a slowing mobile market and fewer working days due to a shorter month and the Lunar New Year break.
Overall sales of the 19 tech companies monitored by the Nikkei Asian Review dropped 7.9% from a year ago to 703.91 billion New Taiwan dollars ($24.02 billion) in February, marking the lowest in two years. Sales at these companies are a gauge of global electronic demand.
