4 ms·

Please read more recent news before posting out of date info not useful for anyone. Micron is actively seeking more technical cooperation with Chinese companies

• davismwfl 7y ago
  I read the article you linked, and don't see where that is incongruent to what I said. Micron has stated they regret the situation and how they were forced to do business in China (which many other companies have expressed too, e.g. forced JV's etc). China is a substantial amount of Micron's sales, so they cannot walk away and they have to find a way to mange the situation and still protect the company. They are a business, having regret doesn't mean you take your balls and go home, they need to make money for their shareholders so they will do what is required. To be clear, the US opened a trade investigation last year into it [1], and China opened it's own anti-trust style investigation as retaliation [2]. [1] https://www.reuters.com/article/us-usa-justice-china-espionage/u-s-indicts-chinese-taiwan-firms-for-targeting-micron-trade-secrets-idUSKCN1N65R2 https://www.reuters.com/article/us-usa-justice-china-espiona... [2] https://www.investors.com/news/technology/micron-technology-stock-china-antitrust-probe/ https://www.investors.com/news/technology/micron-technology-...