China bars Micron chips in escalation of U.S. tech clash
Japan Times
23-05-22 04:10
China has warned operators of key infrastructure against buying US-based Micron Technology's goods, claiming cybersecurity risks were identified in the products and could affect national security. The move comes amid escalating tensions over semiconductor trade between China and the US, and follows a month-long Chinese investigation into the US's largest memory-chip maker. Shares for Micron's most significant industry rivals, Samsung Electronics and SK Hynix, increased in Seoul, while Chinese chip stocks, including Semiconductor Manufacturing International Corp. and Hua Hong Semiconductor, rose more than 3% in Hong Kong. Analysts suggest the decision will have a small impact on Micron, as most of its memory chips sold in China are used in consumer electronics rather than data centres and cloud computing.