China’s Imports of ICs Fell in 2022 for the First Time Since 2004
China’s imports of integrated circuits (ICs), another term for chips, fell 15.3 percent in volume in 2022 from a year earlier, a sharp reversal from strong growth in the previous two years amid supply chain disruptions as a result of the country’s zero Covid approach and U.S. export restrictions. China imported 538.4 billion units of […]