China’s decision could affect a number of industries, from telecommunications to transportation and finance.
“The review found that Micron’s products have serious network security risks that pose significant security risks to China’s critical information infrastructure supply chain, affecting China’s national security,” China’s Cyberspace Administration (CAC) said in a statement. However, he did not provide details on what risks he discovered or which Micron products would be affected by the possible ban.
Micron said it had received the CAC’s notice of termination of the review of its products sold in China and that it “looks forward to further engagement in discussions with the Chinese authorities.”
Another blow to Chinese factories. Japan to limit exports of semiconductor manufacturing equipment
Hardware
The American investment company Jefferies, which, among other things, deals with estimates of the development of financial markets, expects only a limited impact on the company Micron in the event of a ban, because its main customers in China are companies that produce consumer electronics, such as manufacturers of smartphones and computers, and not infrastructure suppliers.
Micron makes DRAM and NAND memory chips. Its competitors are the South Korean companies Samsung Electronics and SK Hynix and the Japanese company Kioxia, which is part of the Toshiba conglomerate.
The CAC’s announcement came at the time of the G7 summit of leaders of the world’s leading economies, which was held in Japan, Tufts University professor Christopher Miller pointed out. US President Joe Biden said on Sunday that the G7 countries had agreed to de-risk and diversify relations with China and to create an initiative against economic coercion. Miller pointed out that this case could be the first test of the G7’s efforts in this area.
In the dispute between the US and China, Washington has imposed a series of controls on the export of chip technology to China and has taken steps to prevent Yantze Memory Technologies, a competitor of Micron, from buying some US components. China accounts for about 10 percent of Micron’s total sales, but it is unclear whether the decision will also affect the company’s sales to non-Chinese customers operating in China. Most of Micron’s products flowing into China are bought by non-Chinese firms for use in products they make in China, according to analysts.
The US is crippling China’s chip production
Economic
