China’s semiconductor output hits record high in July as new capacity added to meet strong demand

Source: China – South China Morning PostChina’s integrated circuit (IC) output rose more than 41.3 per cent year on year to reach 31.6 billion units in July, a new monthly record, on the back of strong demand for semiconductors and the addition of new production capacity, according to government data released on Monday.The July output was higher than the production of 30.8 billion units reported in June, the National Bureau of Statistics data showed. In the first seven months of the year, China’s total IC output reached a hefty 203.6…Read More

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