China’s imports of ICs fell 31% y-o-y in January and February to $47.8 billion from $68.8 billion last year, according to China’s General Administration of Customs. In units, the decline was 26.5% to 67.58 billion chips from 92 million chips in Jan/Feb 2022. In the full year of 2022, the unit decline was 15.3%. It …
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