China reduces chip imports, and U.S. companies suffer setbacks!

Mondo Technology Updated on 2024-02-17

China reduces chip imports, and U.S. companies suffer setbacks!

Some time ago, Customs released China's chip import data in 2023, and it is expected that China's chip import volume in 2023 will be 479.5 billion pieces, a decrease of 108%。At the same time, the import value is expected to be 343.4 billion yuan, down 244%。

Looking at the figures for 2022, there was a decrease of 58.9 billion yuan, from 538.4 billion yuan last year to 479.5 billion yuan; This decreased by $66.2 billion, from $415.6 billion to $349.4 billion.

As can be seen from the chart, this is the lowest level in almost four years, falling back to the level of 2020 and falling again to 400 billion yuan.

This year, down 154%, the worst in nearly a decade.

Why is China's chip imports falling sharply? The reason is simple, because 2022 is the lowest point of the global semiconductor industry, and the demand and chips** in the Chinese market are declining, resulting in a decline in import volume and import value.

Another reason is that the United States has imposed a chip embargo on China, which has a great impact on Chinese products, especially high-end chips, which cannot enter China at all.

The number and amount of chip imports are decreasing, and American chip companies have also been greatly impacted, the United States occupies 50% of the world chip market, and if China stops importing, American chip companies will also be greatly impacted, that is, will the United States kill itself?

In addition, our wafer production capacity will allow us to better assess the level of wafer production in China compared to foreign countries.

According to the National Bureau of Statistics, by November 2023, China's total integrated circuit production capacity will reach 3113800 million pieces, a year-on-year increase of 37%。

The number and variety of imported chips are decreasing, while domestic chips are increasing. Everyone is clear: our packaging chips are decreasing, while domestic packaging chips are increasing.

Of course, everyone must recognize that this is a long-term battle, and radical change cannot be achieved overnight. We must continue to work hard to continuously improve the level of chip self-sufficiency, continue to reduce imports, and finally realize the transformation from quantitative to qualitative change.

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