Micron, the American-based chipset, RAM and storage company, was just banned in China due to “serious network security risks”.
Increased tensions between the US and China have led to a situation that’s very similar to President Trump’s trade war, which started with a crusade against Huawei and ZTE… only now it’s China accusing an American chipset maker of potentially enabling espionage.
Considering that, a day before, a G7 leaders meeting in Japan led to the issuing of a joint statement criticizing China for “economic coercion”, it certainly appears to be more than just a coincidence.
In a statement, the Cyberspace Administration of China (CAC) said: “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.”
In a BBC report, a US commerce Department spokesman said that “This action, along with recent raids and targeting of other American firms, is inconsistent with [China’s] assertions that it is opening its markets and committed to a transparent regulatory framework.”
According to the same outlet, China is a major market for, accounting for around 10% of its full-year sales. In 2022 alone, China represented $3.3 billion of Micron’s total revenue of $30.7 billion.
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