Hong Kong, Aug 15 : China suffered a dramatic drop in production of semiconductors in July, owing to disruptions to supply chains due to the strict Covid rules in place according to the media report on Monday as the US intensifies its efforts to boost the manufacturing of chips in China with aid from allies like South Korea.According to figures published by the National Bureau of Statistics, the production of integrated circuits (ICs) decreased 16.6 percent year-on-year, to 27.2 billion units in December according to the South China Morning Post. China has disclosed 27.5 billion and 28.8 billion units in…