China's chip exports are booming but may be nearing overcapacity, stoking fears of chip glut — SMIC revenues rise as profits fall
China's semiconductor imports and exports have both grown in the first half of 2024, but growth falls behind competing nations and points to long-term problems.
![China's chip exports are booming but may be nearing overcapacity, stoking fears of chip glut — SMIC revenues rise as profits fall](https://cdn.mos.cms.futurecdn.net/5Mq4J9jfCyPqV9qsyhUWe8.jpg?#)