SHANGHAI: US memory chipmaker Micron said on Friday (Jun 16) it was committed to China and would invest 4.3 billion yuan (US$603 million) over the next few years in its chip packaging facility in the Chinese city of Xian. The company has been targeted by China's cyberspace regulator, which last month said
SHANGHAI: US memory chipmaker Micron said on Friday it was committed to China and would invest 4.3 billion yuan over the next few years in its chip packaging facility in the Chinese city of Xian.
The investment will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology, which Micron has been using in the factory since 2016, the company said. Powertech said in a separate statement that the plan for Micron to buy the equipment was part of the 2016 agreement between the firms, so the financial impact on Powertech would be limited.
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Micron says it's committed to China, invests US$602 million in existing plantBEIJING: US memory chipmaker Micron said on Friday (Jun 16) it was committed to China and would invest 4.3 billion yuan (US$603 million) over the next few years in its chip packaging facility in the Chinese city of Xian. The company has been targeted by China's cyberspace regulator, which last month said t
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