China's chip exports jump 136% in September on higher memory chip prices

China's integrated circuit exports rose 136% year on year to $45 billion in September, according to customs data released by the General Administration of Customs, as reported by the South China Morning Post.

Export volume rose only 1% to 32.7 billion units, so higher prices amid a memory chip shortage drove most of the increase. Chip exports for the first three quarters reached nearly $302 billion, up 108%.