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China’s recent cybersecurity probe into Micron Technology, one of America’s major memory chip manufacturers, is viewed as a retaliatory measure following restrictions imposed by US allies on the sale of crucial technology to Beijing. The Cyberspace Administration of China (CAC) has initiated a review of Micron’s products sold in the country for securing key information infrastructure supply chains and preventing cybersecurity risks.
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This move by China coincides with Japan’s announcement of limiting the export of advanced chip manufacturing equipment to certain countries, including China. The US and the Netherlands have also taken similar steps, impacting China’s semiconductor industry and its ambition to become a tech superpower.
Despite the probe, Micron remains confident in the security of its products and is cooperating with CAC. Micron’s stock experienced a 4.4% decline on Wall Street, emphasizing the significance of cybersecurity in today’s tech-driven world.
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