Taiwan, June 20 -- Taiwan's export orders in May reached a record high for the month, boosted by continuously expanding global demand for artificial intelligence (AI) applications, said the Korea's Ministry of Economic Affairs (MOEA), as reported by The Korea Herald.

Statistically, Export orders experienced a year-on-year growth of 18.5 per cent at USD 57.93 billion, marking the fourth consecutive month of annual growth.

Additionally, AI and cloud industry demands drove orders for information and communication products, including servers, networking devices and display cards, to a total of USD 18.2 billion, marking a record high for the month and year-on-year growth of 29.5 per cent.

Taiwan's export orders for electronic products, like...