China's chip production grew by 69%, self-sufficiency rate increased!
2023 is not a good year for most chipmakers, with the exception of Nvidia.
Due to weak market demand and oversupply, chips continue to **, and sales and profits of these companies also decline.
According to IC Insights, sales of the world's 25 largest semiconductor companies will fall by 11% by 2023, while sales of the top 10 companies will fall by 9%.
For example, Samsung, SK hynix, Micron and other major memory chip manufacturers are even more miserable, so that Samsung alone lost 80 billion in the semiconductor business, and even the world's largest chip manufacturer was surpassed by Intel and sat on the throne of the world's second largest chip manufacturer
The chip market will bottom out in 2023, which indicates that both production and ** will decline to balance market supply and demand.
However, despite the fact that the global market is not that large, China's chip production is growing in the midst of globalization.
According to the National Bureau of Statistics, China's integrated circuit production in December 2023 was 361500 million, an increase of 34% over the previous year; The annual output of integrated circuits in 2023 will be 351.4 billion, up from 324.2 billion in 2022 and an increase of 27.2 billion or 69%γ
This is all chip data β data from integrated circuits such as logic chips, memory chips, analog chips, special chips, sensors, and chip modules.
While global chip production is declining, China's chip production is growing, which is obviously correct, China's chip industry has made a breakthrough and formed its own pole.
In addition, other data can be used to confirm that China's chip production in 2023 is de-globalized, or data on chip imports in 2023 can be used for comparison.
In 2023, the import value of chips will be 479.5 billion yuan, a decrease of 58.9 billion yuan or 10.9 billion yuan8%γThe value of imported chips was 349.4 billion yuan, a decrease of 66.2 billion yuan or 15.2 billion yuan4%γ
While the volume of imports is declining and the value of imports is decreasing, domestic production is increasing. This is apparently due to the fact that China is producing more chips and the level of self-sufficiency is increasing.
In 2023, we found that despite the crackdown, China's chip industry is still persevering, making breakthroughs and achieving results, which is reflected in the rapid growth of production and the reduction of imports.
It is also desirable that domestic chip companies continue to work to reduce chip imports and increase domestic production.