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'Won't tolerate', says USA after China's ban on chipmaker Micron

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Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron - the biggest US memory chip maker, citing theUS-based company hadfailed its network security review
The US has hit back at China over its ban onpurchases of Micron Technologymemory chips. USCommerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times.
Speaking after a meeting of trade ministers at the Indo-Pacific Economic Framework talks,Raimondo said the US 'firmly opposed' China's actions against Micron.
"These [Chinese sanctions] target a single US company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful," saidRaimondo.
Micron poses security risk: China
Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron - the biggest US memory chip maker, citing theUS-based company hadfailed its network security review.
The Cybersecurity Administration (CAC) in a statement said Micron's products"have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security."

Sunday, May 28, 2023 at 12:00 am

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