China’s semiconductor output in May hits all-time high amid chip shortage and tech war with US

Source: Tech – South China Morning PostChina’s output of integrated circuits (IC) in May reached an all-time, single-month high as the country pulled out all stops to produce chips amid a severe global shortage of semiconductors, according to data released by the central government on Wednesday.China’s IC output in May surged 37.6 per cent from a year ago to 29.9 billion units, the National Bureau of Statistics data showed.Separately, the nation’s automobile output for last month slid by 5 per cent year on year, according to the…Read More

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