US Chip Imports Slow in April as Asian Supply Lines Keep Moving

The value of US semiconductor imports fell 16% in April from the month prior, but manufacturers in Asia, America’s main supplier, still have reasons to be optimistic.

This year through April, chip imports in the world’s largest economy have grown by more than 10% from a year earlier, as Asia continues to benefit from past US decisions to outsource chip production to cheaper locales. While the total value of US semiconductor imports fell to $4.7 billion, the lowest since July, Asia retained an 85% share of shipments.