Economics

Three Chip Gauges Hint at Tech Turnaround That May Help Asia

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A slump in tech demand that weighed on the global economy is showing signs of a turnaround, according to a trio of indicators tracking the semiconductor industry.

Along with the phase-one U.S.-China trade deal, a tech pickup would be a tailwind for export-orientated economies like South Korea and Taiwan -- key suppliers of chips -- and would ripple through supply chains across Asia.