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Beijing – U.S. chipmaker Micron stated Friday it will make investments greater than $600 million in a packing and testing manufacturing facility in northern China, lower than a month after Beijing banned its chips from crucial infrastructure tasks.
In a WeChat assertion, the agency stated it will make investments greater than 4.3 billion yuan ($605 million) over the following few years in its plant within the metropolis of Xi’an to accumulate tools and add a brand new manufacturing facility on the facility.
China’s cybersecurity watchdog final month stated Micron had failed a nationwide safety evaluation, telling operators of “crucial data infrastructure” to cease shopping for its merchandise.
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