China’s semiconductor sales fall 21% in November as WW demand declines

China’s semiconductor sales plunged 21.2 per cent year on year to US$13.4 billion in November, as economic headwinds continued to hammer global chip demand for the third consecutive month, according to the latest industry data. The decline recorded by China marked the biggest percentage drop among the world’s major markets for integrated circuits (ICs), according to data from the Semiconductor Industry Association (SIA), a Washington-based trade group that represents 99 per cent of the US chip industry.

Source: China’s semiconductor sales fall 21 per cent in November as worldwide chip demand continues decline for third consecutive month | South China Morning Post