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Micron Technology: China Us Chip Maker probes for the risk of cybersecurity as technological tension increases


Hong Kong
Cnn

China has launched a cybersecurity probe on Micron Technology, one of the largest manufacturers of America’s memory fleas, In apparent retaliation, after the American allies in Asia and Europe announced new restrictions on the sale of key technologies in Beijing.

The Administration of the China Cyberspace (CAC) will examine the products sold by Micron in the country, according to a statement from the guard dog on Friday.

This decision aims to “guarantee the security of key infrastructure supply chains, prevention of cybersecurity risks caused by hidden products and the maintenance of national security”, he noted.

It came the same day as Japan, an American ally, said it would restrict the export of advanced flea manufacturing equipment to countries such as China, following similar measures from the United States and the Netherlands.

Washington and its allies have announced borders on the Chinese semiconductors industry, which strikes the heart of Beijing’s attempt to become a technological superpowered.

Last month, the Netherlands also unveiled new restrictions on semiconductor technology, citing the need to protect national security. In October, the United States prohibited Chinese companies from buying advanced fleas and manufacturing equipment without a license.

Micron told CNN that he was aware of the exam.

“We are in communication with the CAC and cooperate fully,” he said, adding that he supports the security of his products. “Micron products, engineering, manufacturing, sales and other functions work as usual.”

Sharing Micron sank 4.4% at Wall Street Friday after the news, the biggest drop in more than three months. On Monday, they closed 1.2% more. Micron draws more than 10% of his income from China.

In a previous file, the company based in Idaho had warned of these risks.

“The Chinese government can prevent us from participating in the Chinese market or can prevent us from effectively competing with Chinese companies,” he said last week.

China has strongly criticized the restrictions on technological exports, claiming last month that it “firmly opposes” to these measures.

In efforts to stimulate growth and job creation, Beijing seeks to court foreign investments because it is struggling with growing economic challenges. The first first first created Li Qiang and several senior economic officials have deployed the welcome wagon for world CEOs and promising that they “provide a good environment and services”.

But Beijing has also exerted increasing pressure on foreign companies to put them online with its program.

Last month, the authorities closed the Beijing office of Mintz Group, an American business intelligence company, and owned five local employees.

A few days earlier, they suspended the Deloitte operations in Beijing for three months and inflicted a fine of $ 31 million on alleged towers in his audit work a debt manager in difficulty belonging to the State.

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Ava Thompson

Ava Thompson – Local News Reporter Focuses on U.S. cities, community issues, and breaking local events

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