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World丨China's chip exports soar despite curbs

CHINADAILY  · 公众号  · 时评  · 2025-01-06 10:08
    

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The imposition of multiple sanctions by the US has not been able to halt the rapid growth of China's chip industry, which is continuously expanding its production and technological capabilities, experts said. China's integrated circuit exports touched 1.03 trillion yuan ($141 billion) in the first 11 months of 2024, a year-on-year increase of 20.3 percent, according to data released recently by the General Administration of Customs. Integrated circuit design, which is at the forefront of the chip industry, directly impacts a chip's functionality, performance and cost, according to industry experts. ▲  Chips are displayed at the exhibition area of Central China's Hubei province of the second China International Supply Chain Expo in Beijing, China, Nov 27, 2024. Photo/Xinhua IC exports stood at just 559 billion yuan in 2018 when the US initiated its tech war against China. The surge in exports comes as Joe Biden's administration on Dec 23 launched a trade probe into China's legacy ch ………………………………

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