China’s chip output records first monthly growth in 16 months
South China Morning Post
23-05-16 09:30
China's chip production has increased for the first time in 16 months, according to government figures. The rise was driven by a 3.8% YoY increase in April to 28.1 billion integrated circuits, while March declined only 3% YoY from last year, compared with the 17% YoY drop in the first two months. The Chinese government has called for local industry to boost domestic chip production in order to reduce dependence on imports, which have declined as the US tightens restrictions on semiconductor technologies and equipment.