China's chip output surges in July


The output of integrated circuits in China surged by 41.3 percent year-on-year in July, with plants in the nation producing 31.57 billion units in the month, according to data from the Ministry of Industry and Information Technology.
The rise came as local companies are working to help solve a global shortage of semiconductor products, and they are also beefing up their own research and development prowess.
In the first seven months of this year, China has exported 178.5 billion units of integrated circuits, marking a year-on-year increase of 35.1 percent, official data show.
To meet skyrocketing global demand for personal computers amid the COVID-19 pandemic, China has exported 130 million units of PCs from January to July, up 40.8 percent year-on-year.
The general industrial output of China's electronic information manufacturing industry for July increased 13.0 percent year-on-year. The growth rate increased by 1.2 percentage points over the same period last year, according to the top industry regulator.