China chips grow 21%

China’s Q1 chip output grew 20.8% y-o-y to $18.1 billion in the first quarter of 2018, according to the China Semiconductor Industry Association (CSIA). The output value of China’s IC design industry sector increased 22% on year to $6 billion in the first quarter of 2018, while that of the IC manufacturing sector climbed 26.2% ...

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