Import and domestic production figures, originally scheduled to be released on Oct. 14 and 18, respectively, were delayed due to the Chinese Communist Party Congress. The government has not disclosed the reason for the postponement. China concluded its week-long 20th Party Congress on Saturday.

China is the world’s largest importer of chips used in a variety of applications, from making electric vehicles to smartphones and other consumer electronics. China’s semiconductor imports began to decline in the first two months of his 2022, marking the first year-on-year decline since early 2020, according to official customs data.

The decline in trade data comes amid a contraction in manufacturing activity on the mainland. The Caixin/Markit Manufacturing Purchasing Managers Index (PMI) fell to 48.1 in September from 49.5 in August, marking the second straight month of decline. However, the country’s official manufacturing PMI beat expectations, rising to 50.1 in September, up from 49.4 in August for the first time in three months.

September semiconductor imports recovered slightly to 47.6 billion units from 44.9 billion units in August, ending a two-month decline.

Meanwhile, China’s chip exports from January to September fell by 10% year-on-year to 209.7 billion units, but increased by 7.3% over the same period.


US Senate Passes Chip and Science Act to Compete with China’s Semiconductor Industry

The weakening trade data also highlighted the mounting pressure Beijing faces from the United States to become self-sufficient in semiconductors. Washington has significantly escalated its efforts over the past two months to undermine China’s semiconductor manufacturing industry, with a series of measures restricting Chinese chip makers’ access to advanced technology, equipment and services from the United States. I taught.

At the end of August, the US Department of Commerce banned two of the world’s leading graphics processing unit providers, Nvidia and Advanced Micro Devices, from selling their cutting-edge chips to China.

Last week, the U.S. Department of Commerce’s Agency for Industry and Security updated its export controls for Chinese chipmakers, introducing new licensing requirements for items and personnel set up to support the production of logic chips and memory. Added. Foundry chips in China.

Meanwhile, the agency also added China’s top memory chip maker Yangtze Memory Technologies Co (YMTC) and 30 other mainland semiconductor-related companies to an “unidentified list” of items subject to US government export controls. I am no longer eligible to receive it.

Earlier this month, the world’s top chip-manufacturing tool providers, including ASML Holdings, Lam Research and KLA Corp, sent US engineers to started pulling away from customers. According to reports, the YMTC.

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