Micron Technology: China probes US chip maker for cybersecurity risks
Micron Technology: China probes US chip maker for cybersecurity risks
Credit - CNN
Credit - CNN
China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers
China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers
Credit - CNN
Credit - CNN
after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing.
after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing.
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Credit - CNN
The Cyberspace Administration of China (CAC) will review products sold by Micron in the country
The Cyberspace Administration of China (CAC) will review products sold by Micron in the country
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Credit - CNN
It came on the same day that Japan, a US ally, said it would restrict the export of advanced chip manufacturing equipment to countries including China
It came on the same day that Japan, a US ally, said it would restrict the export of advanced chip manufacturing equipment to countries including China
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Credit - CNN
Shares in
Micron sank 4.4% on Wall Street Friday following the news, the biggest drop in more than three months
Shares in
Micron sank 4.4% on Wall Street Friday following the news, the biggest drop in more than three months
Credit - CNN
Credit - CNN
On Monday, they closed another 1.2% lower. Micron derives more than 10% of its revenue from China.
On Monday, they closed another 1.2% lower. Micron derives more than 10% of its revenue from China.
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Credit - CNN
China has strongly criticized restrictions on tech exports, saying last month it “firmly opposes” such measures.
China has strongly criticized restrictions on tech exports, saying last month it “firmly opposes” such measures.
Credit - CNN
Credit - CNN
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