Monday, May 22nd 2023
China Goes Ahead with Micron Technology Sales Ban
The Chinese Government over the weekend announced restrictions on sales of Micron Technology memory products to Chinese government agencies and infrastructure operators, including the country's telecommunications network infrastructure and data-center service providers. The country's cyberspace regulator conducted a cybersecurity review of Micron Technology products and found that they fail a "network security review."
"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 (CAC) said in a statement to Reuters. This move by China is seen as a geopolitical retaliation to the U.S. Government restricting the sales of memory products by YMTC to American PC and ICT companies, a decision that caused the Chinese memory maker to lose major customers such as Apple. This is, however, a partial ban on the Idaho-based memory maker, since China hasn't yet restricted Chinese PC and ICT companies from sourcing Micron Technology products the way Washington banned YMTC.
Source:
Reuters
"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 (CAC) said in a statement to Reuters. This move by China is seen as a geopolitical retaliation to the U.S. Government restricting the sales of memory products by YMTC to American PC and ICT companies, a decision that caused the Chinese memory maker to lose major customers such as Apple. This is, however, a partial ban on the Idaho-based memory maker, since China hasn't yet restricted Chinese PC and ICT companies from sourcing Micron Technology products the way Washington banned YMTC.
33 Comments on China Goes Ahead with Micron Technology Sales Ban
Asia is the rising power of the world. China, india, ece are where the growth is. Places like europe are resting on their legacies and wont be big world leaders again within our lifetimes. The jury is still out on whether america will reclaim its position as dominant political superpower or will kotow to china.
Just replace YMTC and CXMT with Micron. And CCP with DNC/GOP.