China Sees Drop in Chipmaking Imports, Report Says
Chinese imports of chipmaking “machines” dropped in November to their lowest levels in two years, Bloomberg reported Dec. 21. Chinese companies reported $2.3 billion worth of imports of the machines last month, a 40% drop from the previous year and…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
the lowest level since May 2020, the report said. The drop comes amid new U.S. export restrictions on semiconductor items to China (see 2210070049, 2211010042 and 2212060059).