CN
China’s IC output and export drop more than 4% in the first quarter
Chinese article by Ray
English Editor WM Zhang
04-29 21:49

By Kate Yuan

China’s IC output was 80.7 billion pieces in Q1, down by 4.2% over the last year, according to China's Ministry of Industry and Information Technology (MIIT) on April 28.

The added value of the country's electronics manufacturing industry has achieved double-digit growth with investment keeping rapid growth, while exports and benefits have declined slightly, MIIT said.

The added value of the electronics manufacturing industry of large-size companies increased by 12.7% over the previous year in Q1, 0.3 percentage points higher than the average growth rate in 2020 and 2021. The figure was 6.2 percentage points higher than the growth rate of industries’ added value, while 1.5 percentage points lower than high-tech manufacturing. 

Among the main products, the mobile phone output was 360 million units, decreasing by 0.8% year on year. The output of microcomputer equipment stood at 100 million units, a 2.5% drop.

The export shipment value of the electronics manufacturing industry increased by 11.4% over the previous year, but 1.3 percentage points lower than the annual growth rate in 2021. 

Data from China’s General Administration of Customs (GACC) shows that China’s IC export was 70.3 billion pieces in Q1, down by 4.6% year on year.

The laptop computer export was 47.36 million units, 11.4% lower than the same period last year. Export of mobile phone was 200 million sets, 16.9% less.

The electronics manufacturing industry of large-size companies raked in an operating income of RMB3,379.1 billion ($509.2 billion), up 9.5% year on year.

linkedin twitter facebook line
Copy succeeded
link