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China to Check US Chip-Maker Micron Products in Security Review

The Cyberspace Administration of China said the move was aimed at protecting supply chains and national security


The United States' biggest memory chipmaker, Micron, announced plans on Friday to invest 4.3 billion yuan ($603 million) in a Chinese facility despite Beijing’s tit-for-tat curbs against the company.
Micron Technology is a US producer of computer memory and computer data storage. Photo: Reuters.

 

China’s cyberspace regulator is to conduct a cybersecurity review of products sold in China by US memory chip manufacturer Micron Technology, the regulator announced on Friday.

The Cyberspace Administration of China said the move is aimed at protecting the security of the supply chain for critical information infrastructure, prevent hidden risks and safeguard national security.

It gave no other details, including what Micron products it was reviewing.

Micron did not respond immediately to a request for comment. 

Shares in Micron fell 3.3% in pre-market trading after the announcement. 

The United States has used restrictions on exports of US goods as a key tool to thwart Beijing’s technological advances.

 

  • Reuters with additional editing by Sean O’Meara

 

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Micron, AMD Chip Demand Warning Sparks Stocks Crash

 

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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