China's Micron ban could help the government boost its domestic memory chip industry, a sector where China has a toehold in its competition with the US
A Chinese government block on Micron Technology's memory chips marks how far apart the two economic powers are drifting on tech policy.
While the Micron ban only applies to big Chinese companies, the impact could be broader. It suggested Beijing zeroed in on Micron as a particular target and China has broadly ratcheted up pressure to fortify its economy from foreign influence. https://www.wsj.com/...
@Lingling_Wei @asafitch Chinese officials believe U.S. companies lobbied Biden to institute the ban on chip-making equipment. Though the Micron ban only applies to big Chinese companies, “other domestic customers may also consider this to be a political signal to stop buying.” ht…