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US giant Micron chooses profit, announces 'commitment to China': FT - Vimarsana News

US giant Micron chooses profit, announces 'commitment to China': FT

The decision comes after China barred critical infrastructure operators from using Mircon's memory chips due to national security concerns.

Micron to invest $603 million in factory in China's Xian over next few years - Vimarsana News

Micron to invest $603 million in factory in China's Xian over next few years

BEIJING (Reuters) - Micron said on Friday it will invest 4.3 billion yuan ($602.77 million) in a Chinese factory in the city of Xian over the next few years. In a statement, the company said it has decided to aquire equipment belonging to Chinese chip company Powertech Technology based in Xian city. ($1 = 7.1337 Chinese yuan renminbi) (Reporiting by Beijing newsroom; Editing by Muralikumar

Source: msn.com
Micron to invest $603 mln in factory in China's Xian over next few years - Vimarsana News

Micron to invest $603 mln in factory in China's Xian over next few years

U.S. memory chipmaker Micron said on Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the Chinese city of Xian.

Micron plans factory expansion in China - Vimarsana News

Micron plans factory expansion in China

Micron Technology pledged a heavy investment in its Chinese chip plant, apparently a response to a recent ban on selling its products there.

Micron says it is committed to China, invests US$602 million in plant - Vimarsana News

Micron says it is committed to China, invests US$602 million in plant

SHANGHAI: US memory chipmaker Micron said on Friday (Jun 16) it was committed to China and would invest 4.3 billion yuan (US$603 million) over the next few years in its chip packaging facility in the Chinese city of Xian. The company has been targeted by China's cyberspace regulator, which last month said