From January to February, the added value of China's integrated circuit manufacturing industry increased by 21.6%

From January to February, the added value of China's integrated circuit manufacturing industry increased by 21.6%

On March 18th, the State Council Information Office held a press conference on the operation of the national economy in January and February 2024.

The spokesperson of the National Bureau of Statistics, Chief Economist, and Director of the Department of Comprehensive Statistics of the National Economy stated at the meeting that in the first two months of this year, new driving forces and advantages have been continuously cultivated and strengthened, and there have been new developments in all aspects. Industries with high-tech, high-efficiency, and high-quality characteristics are developing well.

Specifically, in January and February, the added value of equipment manufacturing industry above designated size increased by 8.6% year-on-year, which was 1.6 percentage points higher than the average level of all industries above designated size; The added value of high-tech manufacturing industry increased by 7.5%, among which the added value of semiconductor device specialized equipment manufacturing industry increased by 41.2%, integrated circuit manufacturing increased by 21.6%, and intelligent unmanned aerial vehicle manufacturing increased by 18.2%.

Since 2024, the development of China's integrated circuit industry has continued to improve. According to recent data released by the General Administration of Customs, the export volume of integrated circuits in China reached 39.41 billion units in January and February this year, a year-on-year increase of 6.3%, and the export value reached 160.71 billion yuan, a year-on-year surge of 28.6%.