China’s semiconductor growth slows amid US sanctions

Posted 2024-11-18 07:47:58

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China’s semiconductor output grew at a slower pace in October.

Integrated circuits (IC) production rose 11.8% year-on-year to 35.9 billion units, according to the National Bureau of Statistics (NBS).

This was a decrease from 36.7 billion units in September.

Concerns over weak demand and potential increased US sanctions contributed to this decline.

#ChinaSemiconductors #ICProduction #TechIndustry #USChinaRelations #Ifvex

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