For the first eight months of 2022, China’s total semiconductor output was down 10 per cent year on year to 218.1 billion units. Photo: Shutterstock
For the first eight months of 2022, China’s total semiconductor output was down 10 per cent year on year to 218.1 billion units. Photo: Shutterstock

China’s semiconductor output posts biggest monthly decline in August, as Covid-19 controls, economic headwinds weaken demand

  • The country’s chip output slumped 24.7 per cent year on year to 24.7 billion units in August, the biggest monthly drop since records began in 1997
  • That also marked the second consecutive month of decline for the chip sector, which saw its output shrink 16.6 per cent to 27.2 billion units in July

For the first eight months of 2022, China’s total semiconductor output was down 10 per cent year on year to 218.1 billion units. Photo: Shutterstock
For the first eight months of 2022, China’s total semiconductor output was down 10 per cent year on year to 218.1 billion units. Photo: Shutterstock
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