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Home » China says Micron products failed its cybersecurity review (NASDAQ:MU)
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China says Micron products failed its cybersecurity review (NASDAQ:MU)

May 21, 2023No Comments2 Mins Read
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Micron Technology Inc. One of the American leaders in semiconductor devices, dynamic random access memory, flash memory, USB flash drives, solid state drives.

vzphotos/iStock Editorial via Getty Images

Update 7:50 p.m.: Adds a Micron comment.

China said it found that Micron Technology (NASDAQ:MU) have potential “relatively serious” network security issues and warned that critical information infrastructure operators should stop buying the products.

China’s Cyberspace Administration, which announced a Micron memory chip manufacturer review (MU) in late March, announced its findings in a statement on Sunday.

“The review revealed that Micron’s products have relatively serious potential network security issues, which pose a major risk to the security of my country’s critical information infrastructure supply chain and affect the national security of my country,” the Chinese regulator said in the statement.

Micron said he was evaluating China’s findings and assessing its next steps.

“We received the notice from the CAC following its review of Micron products sold in China,” Micron said in a statement on Sunday. “We are evaluating the conclusion and evaluating our next steps. We look forward to continuing to engage in discussions with the Chinese authorities.”

The Chinese regulator’s comments come as tensions between Beijing and the United States continue to mount over semiconductor supply and in particular the advancement of China’s chip industry. The United States has cracked down on the sale of certain semiconductor technologies to China on the grounds that these products could be used for corporate or government espionage against the United States.

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