China chip industry grew 18% y-o-y in Q1

China’s IC had Q1 sales up 18.1% y-o-y at $27 billion according to theChina Semiconductor Industry Association. The sales values of the IC design and manufacturing sectors were $11.2 billion and $8.4 billion respectively, and the sales value of the IC packaging and testing sector rose 7.3% to nearly $7.5 billion. China imported 155.27 billion ICs ...

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