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China defends ban on US chipmaker Micron, accuses Washington of ‘economic coercion’

From apnews.com

The Chinese government on Wednesday defended its ban on products from U.S. memory chipmaker Micron Technology Inc. in some computer systems after Washington expressed concern, adding to strains over technology and security. The security review of Micron products was “conducted in accordance with the law,” said a foreign ministry spokesperson, Mao Ning. The Cyberspace Administration of China on Sunday said Micron products have unspecified security risks but gave no details. It banned them from computers that handle sensitive information. That came after Washington, Japan and the Netherlands blocked Chinese access to ... (full story)

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  • Category: Fundamental Analysis