China's semiconductor industry is on a rapid growth trajectory, with **integrated circuit (IC) exports reaching $216 billion in the first seven months of 2026** – a **99.5% year‑on‑year increase** – already surpassing the full‑year 2025 total of $201.9 billion, according to customs data.

Production metrics: In July alone, industrial enterprises above designated size produced 53 billion ICs (~1.7 billion units per day). In H1 2026, IC output rose 23.1% YoY , with major foundries operating at >90% capacity utilization. Semiconductor manufacturing investment grew 11.5% in the January–July period.

Export mix shift: Memory chips now account for 70.1% of total IC exports (up 221.7% YoY), surpassing processors and controllers to become the largest export category – driven by global AI infrastructure build‑out.

Financial performance: Listed semiconductor companies that have reported H1 results posted 12.8% revenue growth and a 99% surge in net profit year‑on‑year, while R&D spending rose 13.4%.

The National Development and Reform Commission emphasized that China's IC industry benefits from a large domestic market, complete industrial systems, and strong talent pools – positioning it as a future global competitive pillar. The 15th Five‑Year Plan prioritises semiconductor equipment, materials, and component localization, with a focus on tackling supply‑chain bottlenecks.

ICgoodFind Takeaway:
Chinese IC exports have nearly doubled – and memory chips are the heavyweight. AI demand is reshaping trade flows, and the export mix now reflects a global shift toward compute‑intensive semiconductors.