China bans chipmaker Micron from key infrastructure initiatives as tech row with US escalates

Beijing has stepped up its feud with Washington after saying merchandise made by US reminiscence chip large Micron Technology pose a nationwide safety threat.

Read more

China's our on-line world regulator stated on Sunday that following a evaluation it discovered Micron merchandise have unspecified "serious network security risks" which are a hazard to the nation's info infrastructure.

Read more

It informed customers of pc tools to cease shopping for merchandise from the US firm.

Read more

"The review found that Micron's products have serious network security risks, which pose significant security risks to China's critical information infrastructure supply chain, affecting China's national security," the Cyberspace Administration of China stated on its web site.

Read more

CAC's assertion didn't present additional particulars of the danger or which Micron merchandise had been deemed a risk.

Read more

Micron stated it had acquired the CAC's discover of the conclusion of its evaluation of the corporate's merchandise offered in China, and appeared "forward to continuing to engage in discussions with Chinese authorities".

Read more

The US, Europe and Japan are decreasing China's entry to superior chipmaking and different expertise they imagine could possibly be utilized in weapons.

Read more

While they've warned of unspecified penalties, Chinese officers seem like struggling to seek out methods to retaliate with out hurting the nation's personal smartphone producers and different industries.

Read more

Micron makes DRAM and NAND flash reminiscence chips and competes with South Korea's Samsung Electronics Co Ltd and SK Hynix Inc, in addition to Japan's Kioxia, a unit of Toshiba Corp.

Read more

Impact on Micron will probably be 'restricted'

Read more

The firm would expertise restricted impression by the newest announcement, in keeping with Jefferies analysts, as its main prospects in China are shopper electronics corporations akin to smartphone and pc producers, not infrastructure suppliers.

Read more

"Since Micron's DRAM and NAND products are much less in servers, we believe most of its revenue in China is not generated from telcos and the government. Therefore, the ultimate impact on Micron will be quite limited," they stated.

Read more

However, the corporate generated $5.2bn (Β£4.1bn) of income from China and Hong Kong final yr, round 16% of its complete income.

Read more

Read extra: The awkward multi-polar world of the West versus ever-wealthy developing countries

Read more

An official evaluation of Micron underneath China's more and more stringent info safety legal guidelines was introduced final month, hours after Japan joined Washington in imposing restrictions on Chinese entry to expertise to make processor chips on safety grounds.

Read more

Last week, Micron introduced a plan to take a position as much as 500 billion yen (Β£2.9bn) in Japan in excessive ultraviolet expertise, changing into the primary chipmaker to convey superior chip manufacturing expertise to the nation that's now searching for to reinvigorate its chip sector.

Read more

Please use Chrome browser for a extra accessible video participant

Read more

0:27

Read more

The timing of the CAC's announcement was vital, as US President Joe Biden stated on Sunday that G7 nations had agreed to "de-risk and diversify our relationship with China". They additionally agreed to determine an initiative to counter financial "coercion" in the course of the summit in Hiroshima, Japan, over the weekend.

Read more

Meanwhile, British Prime Minister Rishi Sunak stated in his handle on the summit that China poses the biggest challenge in the world to global security.

Read more

He stated China was the "only country with both the means and intent to reshape the world order".

Read more

Did you like this story?

Please share by clicking this button!

Visit our site and see all other available articles!

UK 247 News