Korean Media: China's Semiconductor Exports Surged 73% in the First Two Months of This Year!
On April 8, South Korean media outlet Asia Economic Daily published an article stating that China's semiconductor exports increased by 73% year-on-year in January and February this year. Analysts believe that China's policy push toward self-sufficiency in semiconductors is the primary driver behind this growth.
Data from China Customs shows that in January and February this year, China's integrated circuit (IC) exports reached $43.3 billion, up 72.6% year-on-year. This figure far exceeds the overall export growth rate of 21.8% for the same period. In terms of volume, IC exports amounted to 52.5 billion chips in January and February, a 13.7% increase compared to the same period last year.
These figures come as China strengthens its semiconductor self-reliance capabilities to mitigate risks posed by trade restrictions from the United States and other Western countries. The data were compiled amid uncertainty surrounding the import prospects of NVIDIA's H200 graphics processing unit (GPU).
Major Chinese semiconductor companies are expanding their production capacity to increase chip supply both domestically and internationally. China's largest semiconductor foundry, SMIC, produced 9.7 million wafers last year, a 21% increase from the previous year. Huahong Semiconductor's shipments rose 18.5% year-on-year to reach 5.4 million wafers.
Original source: toutiao.com/article/1861900535409865/
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