According to data released by China’s National Bureau of Statistics (NBS) on September 16, 2022, China’s integrated circuits (ICs) production in August 2022 was down by 24.7 percent year on year to 24.7 billion units. It is the largest monthly decrease since 1997 when NBS started collecting data. For the first eight months of 2022, China’s total semiconductor output fell by10 percent year on year to 218.1 billion units.
According to statistics from the business database platform Qichacha, a record 3,470 companies in the semiconductor business went out of business in the first eight months of the year. Analysts attributed it to China’s zero-COVID-19 policy and sluggish consumer demand. Chinese semiconductor companies cannot hold on and have eventually withdrawn from the semiconductor business one after another.
According to the NBS, in August,the production of microcomputers dropped by18.6 percent to 317.5 billion units, marking the largest drop since December 2015, The microcomputer category includes personal computers, smartphones, video game consoles, and other handheld electronic devices.
Sources:
China’s National Bureau of Statistics, September 16, 2022
http://www.stats.gov.cn/tjsj/zxfb/202209/t20220916_1888302.html
Sina.com, September 14, 2022
https://finance.sina.com.cn/tech/it/2022-09-14/doc-imqqsmrn9012387.shtml