China’s integrated circuit (IC) output dropped 17 per cent in the first two months of 2023, as the country’s semiconductor industry grappled with economic headwinds and escalating US trade sanctions.
Production of ICs in January and February totalled 44.3 billion units, marking a stark contrast with the same period last year when chip output fell just 1.2 per cent to 57.3 billion units, according to data released by the National Bureau of Statistics (NBS) on Wednesday.