Just a month ago, Beijing banned Micron semiconductors for “serious risks” to cybersecurity.
Micron, an American memory module company, committed to invest 4.3 billion yuan ($603 million) over the next few years in its plant in Xi’an in central China.
Just a month ago, Beijing banned Micron semiconductors for “serious risks” to cybersecurity. This was one of many chapters of the “chip war” involving China and the US.
But the Chinese market accounts for about 25% of Micron’s turnover, and today it became known that the company has decided to make these large investments in China. The plan provides for the implementation of a new line for the production of DRAM, NAND, and SSD aimed specifically at meeting the demand of the Dragon. This will create, among other things, 500 new jobs in China, bringing the total number of Micron employees to 4,500.