- China bans major Chinese firms from buying from Micron Technology, citing significant security risks that would affect national security.
- The move is seen as aimed at hitting back at a sweeping ban Washington put in place late last year on selling advanced chip-making technology to China.
- The Micron review is the first investigation into foreign firms that was carried out by the cyberspace watchdog, which reports to a leadership group headed by President Xi Jinping.
- The impact could be broader, as other domestic customers may also consider this to be a political signal to stop buying, and even replace, their products.
- Micron derives only about 10% of its revenue from China.
Beijing Bans Micron as Supplier to Big Chinese Firms, Citing National Security
Cyberspace Administration says chip maker failed review, in a move that seems aimed at hitting back at U.S. chip ban
Lingling Wei
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