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(Yicai Global) May 22 -- Micron Technology’s products sold in China failed a recent cybersecurity review, so the firms that run the country’s key information infrastructure should stop buying them, according to the cyberspace watchdog.
Products sold by the US memory chips giant have potentially serious network security issues that pose a major risk to China’s critical information infrastructure supply chains, thereby impacting national security, the Cyberspace Administration of China’s review office announced yesterday.
The review was aimed at preventing cybersecurity risks to the infrastructure, the CAC said, adding that it was necessary to safeguard national security.
China will firmly promote a high level of openness to the outside world and welcome overseas companies, platforms, products, and services that comply with Chinese laws and regulations, the CAC noted.
Founded in 1978, Micron is headquartered in Boise, Idaho. It had revenue of USD30.7 billion last year, ranking third among global memory chip suppliers. Its income from the Chinese mainland exceeded USD3.3 billion, making the region the company’s second-largest revenue source.
Editor: Futura Costaglione