(Washington / Beijing Comprehensive News) Micron Technology, the largest memory chip manufacturer in the United States, said that the company will face the risk of halving the Chinese market revenue due to limited sales in China.
Comprehensive Reuters and Bloomberg reported that Micron was disclosed by regulatory documents submitted by the US Securities and Exchange Commission on Friday (June 16) that about half of the company's sales from Chinese customers may be affected by the Chinese government's ban.
At present, the direct sales and distribution channels have added up, and the revenue of mainland and Hong Kong market accounts for one quarter of Micron's global total revenue.
Affected by the above news, Micron's stock price fell rapidly after the opening of the US stock on Friday, and as of the close of the day, a total of 1.69%.
China National Internet Information Office said last month that Micron's products have more serious network security issues, which cause major security risks to the supply chain of key information infrastructure in China, affect national security, and require China's key information infrastructure operators to stop purchasing Micronproduct.
