China slump drags on for Japan's chip and component suppliers

Inventories are shrinking, but consumer demand lags

20240212N chip motherboard

Electronic components and semiconductors are a leading indicator of consumer demand. (Photo by Masayuki Kozono) 

RYOSUKE EGUCHI and YUTA FUKUSHIMA, Nikkei staff writers

TOKYO -- Shipments of Japanese electronic parts and semiconductors are starting to pick up, but industry players expect only a slow recovery in the first half of 2024 as Chinese consumer spending remains weak.

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