China’s Semiconductor Output Hits Record as Sector Grows: Chart

(Bloomberg) -- China produced about 30 billion integrated circuits in May, a jump of almost 38% from the same time last year and a record for the rapidly expanding sector. Total production has climbed to 140 billion units so far this year, as the nation looks to build a domestic semiconductor industry and reduce reliance on U.S. technology. The gains come against the backdrop of a global chip shortage and as demand booms for computers, cars and electronics.

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