SHANGHAI (Reuters) – Shares of some Chinese companies related to the manufacture of memory chips opened on Monday after China failed Micron Technology in a security review.
China’s cyberspace regulator said on Sunday that products made by Micron had failed its network security review and it would ban operators of key infrastructure from buying from the company.
Chinese companies related to memory chip manufacturing gigadevice semiconductors, ingenic semiconductor, shenzhen kaifa technology opened between 3% and 8%.
(Reporting by Jason Xue and Brenda Goh; Editing by Kim Coghill)
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