Semiconductors

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

 

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

 

Also read:

China Exploiting Open Source RISC-V Chip Tech, Warn Senators

ASML to Ship Top Tech to China Even as Dutch Chip Ban Starts

China Offering Millions to Foreign-Trained Chip, Tech Talents

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 vishakha.saxena@asiafinancial.com

Recent Posts

Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive

Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency…

11 hours ago

US Set to Restore China Solar Tech Tariffs After Korea Firm Plea

The solar division of Korean conglomerate Hanwha Corp, Qcells, is looking to protect a planned…

13 hours ago

Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh,…

20 hours ago

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven…

21 hours ago

Apple Eyes Indonesia Fab as it Reduces China Reliance – AP

Apple CEO Cook also met Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Tuesday as the…

22 hours ago

IMF Tips 3.2% Global Growth, Warns China on Property Crisis

IMF chief economist says China’s economy is strained by its property crisis and warns that…

23 hours ago