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Mild Recovery in China Chip Imports Ahead of New US Curbs – SCMP

The data released by China’s customs department marked a small improvement for the country, which saw an 18.5% decline in chip imports in the first half of the year


Chinese and US flags are seen with a semiconductor chip
The US and China are engaged in fierce rivalry for tech supremacy and a key focus has been production of computer chips. The US has banned the export of advanced chips and is now concerned about dependence on China for mature node chips of 28nm and above, which are used in many products. Photo: Reuters.

 

China’s chip imports saw a smaller fall in September taking the overall decline in the country’s semiconductor inflows for the year so far to 14.6%, according to a report by the South China Morning Post.

The data released by China’s General Administration of Customs on Friday marked a small improvement for the country, which saw an 18.5% decline in chip imports in the first half of the year. The decline has been shrinking consistently since, with the drop in imports down to 16.8% in the months ending July and 15.1% in the months ending August.

The recovery in Chinese semiconductor imports comes just ahead of the United States’ impending new rules aimed at further curbing chip and chip-equipment related exports to China. The rules, set to be released in the coming days, are likely to cut Chinese companies’ access to artificial intelligence chips through overseas units, sources have said.

Read the full story: SCMP

 

  • Vishakha Saxena

 

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Chinese Envoy Warns US: More Chip Bans and We’ll Hit Back

US Chip Sanctions Have Hardly Impacted China’s AI Capability

Blacklisted China Chip Giant SMIC Earned $1.5bn in US – WSJ

 

 

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]

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