In 2023, China will import 67 of the world s chips

In 2023, China will import 67% of the world's chips

China is the world's largest chip consumer market, and China alone consumes about 1 3 of the world's chips.

China is the world's largest electrical appliance production center, and 80 percent of the world's televisions, computers, mobile phones, and game consoles are imported.

Chips imported from China will be processed into various electrical appliances and then sold all over the world, so imported chips are also very expensive.

Statistics show that China imports 479.5 billion chips from the United States, while the total imports from the United States are 349$900 million.

According to Counterpoint Research, by 2023, the world's semiconductor industry will reach $521.3 billion in revenue, that is, they will be imported from all over the world to China, accounting for about one-third of the world's chips.

However, China's products, whether from abroad or from abroad, have a lot of room for development, and in recent years, China's chip production has reached 2127 million, and the annual export volume will reach 13.6 billion US dollars.

Compared with the world's market of 5,121.3 billion, China will account for 26% of the world's chips in 2023, and the deficit will reach $213.4 billion, compared with the past two years, the deficit is still decreasing.

As mentioned before, China is the most important country in the world, accounting for 67% of China's semiconductor production, but in fact, not all of China's chips are exported, most of them are exported to all over the world.

Taking the iPhone as an example, when Foxconn assembles it, it has to import a lot of chips, and after it is produced, only 15% of the products in the Chinese market, and the other 85% of the products are sold all over the world.

In other words, China's demand for chips is much smaller than we expected, and if we want to increase our production capacity, we have to import products from other countries, which is unrealistic.

By 2022, Huaxia's chip production will increase to 3514400 million units, a year-on-year increase of 7%, similar to 479.5 billion units in the same period last year.

From this point of view, our country's independent research and development capability is not very strong, and there is no need to be too pessimistic, do you say?