China chip exports jump 136% to US$45b as AI frenzy jacks up prices
China’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year…
China's integrated circuit (IC) exports leaped 136% year-on-year to US$45 billion in September, reflecting the country's expanding role in the global semiconductor supply chain. September saw China dispatching 32.7 billion IC units, a modest 1% year-on-year increase in volume but a significant jump in value driven by soaring prices.
The surge in exports, totaling 275.2 billion IC units valued at nearly US$302 billion across Q3, outpaced overall Chinese export growth, which surged 36.3% year-on-year to US$447.18 billion. Despite China's limited access to high-tech manufacturing equipment, its chipmakers remain deeply embedded in the global tech supply chain.
Wang Jun, a customs official, attributed the boom to the accelerating global investment in computing power spurred by the AI frenzy, which in turn heightened demand for related hardware and power equipment. Chinese exports of computer parts, memory components, and data-processing equipment also saw strong growth, while semiconductor imports have similarly climbed due to China's investments in AI infrastructure.
Written by urgent.news from SCMP Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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