China imported more than 310 billion semiconductor devices in the first half of this year, up 29 per cent from a year ago. Photo: Shutterstock
China’s semiconductor imports continued to grow at a fast clip in June, meeting the country’s huge demand for integrated circuits (ICs) used in the production of smartphones, cars, computers and home appliances amid a lingering global chip shortage.
The world’s second-largest economy imported 51.9 billion semiconductor devices in June, the third-biggest volume in a single month after a record high in March and another strong period in April this year, according to the latest figures released on Tuesday by the country’s customs administration.