China’s integrated circuit (IC) exports reached $40.731 billion in August, while cumulative exports for the January-August period totaled $256.75 billion, up 103.9 percent year-on-year, according to data released by the General Administration of Customs (GAC) on Tuesday.

Surging chip prices drive a record trade surplus, masking volume declines

China's exports surged 25% year-on-year in August to $401B, driven by semiconductors, high-tech goods, and vehicles, widening the trade surplus

Chinas exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the countrys trade surplus widened to $119.1…

Chips and EVs power both growth and trade friction