CHINA's chip imports continued to slump in the first four months of 2023 amid a global semiconductor industry downturn, reports Hong Kong's South china Morning Post.
This involved continued value chain adjustments in the face of ongoing US restrictions on the export of advanced chips and semiconductor equipment to the country,
China imported 146.8 billion integrated circuits between January and April, down 21.1 per cent from the same period last year, according to data published by the General Administration of Customs. The total value of chip imports slumped 25.6 per cent to US$105.6 billion, down from $141.9 billion last year, according to the customs data.
In contrast, in the first four months of 2022, the total quantity of China's chip imports dropped 11.4 per cent year-on-year to 186.1 billion units while the total value increased 12.2 per cent amid a global chip shortage at that time.
SeaNews Turkey
This involved continued value chain adjustments in the face of ongoing US restrictions on the export of advanced chips and semiconductor equipment to the country,
China imported 146.8 billion integrated circuits between January and April, down 21.1 per cent from the same period last year, according to data published by the General Administration of Customs. The total value of chip imports slumped 25.6 per cent to US$105.6 billion, down from $141.9 billion last year, according to the customs data.
In contrast, in the first four months of 2022, the total quantity of China's chip imports dropped 11.4 per cent year-on-year to 186.1 billion units while the total value increased 12.2 per cent amid a global chip shortage at that time.
SeaNews Turkey
