China’s Largest Export Category: Chips and Its Significant Historical Implications
In 2024, chips (primarily mature process memory, power management, MCUs, and other “low-end” products) achieved an export value of $159.5 billion, surpassing mobile phones and clothing for the first time, becoming the largest single export item from China. This may seem like a case of “thin profit margins with high sales volume,” but it has … Read more