Shares of Chinese chipmakers rise after China failed Micron in security review

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)

Copyright 2023 Thomson Reuters.

highlights  Santos claims 'witch hunt' after facing fraud charges in New York court – video | usa news

Leave a Reply

Your email address will not be published. Required fields are marked *