[...] According to China's General Administration of Customs data published Tuesday (via The South China Morning Post), the country imported 67.6 billion integrated circuits (IC) in January and February. That's down 26.5% from the same period last year, and higher than the 15.3% fall recorded for the entirety of 2022.
The total value of these imports also declined, from $68.8 billion last year to $47.8 billion, a drop of 30.5%. That's partly due to chip prices that have fallen due to oversupply and the general economic downturn.
China's IC exports also fell in the first two months, down 20.9% to 37.3 billion units, while the total value of the exports dropped 25.8%.
The US has been tightening its restrictions on China's chip industry over the last 12 months, which the United States says will prevent its global rival from developing semiconductors for military applications, including supercomputers, nuclear weapons modeling, and hypersonic weapons.
October's restrictions on chipmaking tools from the Bureau of Industry and Security were some of the harshest, designed to cap China's logic chips at the 14-nanometre node, DRAM at 18nm, and 3D NAND flash at 128 layers. The US has also prohibited AMD and Nvidia from selling some of its high-performance AI-focused GPUs to China, including team green's A100 GPUs.
US Restrictions See China's Chip Imports Plummet 27% in First Two Months of 2023
upstart writes:
The sanctions are having a huge impact:
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