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Beijing [China]May 26 (ANI): Lin Zongnan, a professor of electrical engineering at National Taiwan University in Taipei, said Beijing’s latest decision to stop buying Micron products will hurt China itself, Voice of America (VOA) reported. .
In an interview with VOA in Mandarin, Lin said that after the G7 issued a joint statement on China, its President Xi Jinping retaliated by blocking Micron.
“It’s a bit like the ‘seven wounds boxing’ in martial arts novels, it will hurt Micron, and of course it will hurt yourself [China]Lin said, adding, “However, China should have calculated that when it hurts itself, it is not fatal.” “
According to the Wuxia Fandom Wiki, the skill Lin mentions “allows the user to inflict severe internal damage on the opponent while suffering severe internal damage.”
Read also | How Kidnapping Funds Separatists in Cameroon.
Even if the Micron ban hurts the domestic market, the Chinese Communist Party will not hesitate to do so to defend its authority, he said, according to VOA.
According to Lim, after the Micron ban, South Korea will play its role as it may replace the company’s market share with Samsung and SK Hynix.
This is especially true of Samsung, which has invested heavily in DRAM production in China. Lim said Samsung’s recent poor sales in China will motivate it to grab market share.
Lim said the Chinese Communist Party could put pressure on Samsung’s Chinese factories to make “secret deals” even if Seoul is subject to Washington’s demands that South Korean factories not export supplies to China, adding,
“This is Xi’s plan to kill two birds with one stone: show China’s confidence and win over South Korea, or divide South Korea and the United States on their stance on China.”
Earlier Sunday, China’s Cyberspace Administration (CAC) issued a statement demanding that “operators of China’s critical information infrastructure should stop purchasing products made by Micron Technology,” citing “national security risks.”
According to Voice of America, China’s decision to block Micron after nearly two months of investigation shocked the foreign business community in China.
Notably, this was after the G7 statement on China.
The U.S. Commerce Department dismissed Sunday’s ban as “unsubstantiated,” while Micron, the largest U.S. maker of memory chips, said in a written statement, “We have been notified by CAC… Â …we are assessing the conclusions and assessing our next steps. We look forward to continuing our discussions with the Chinese authorities.”
Following the move, Michael Hart, president of the Beijing-based AmCham China (AmCham China), said in a written response to VOA Mandarin on Monday that U.S. businesses were concerned about being the next target of China’s security review.
In his emailed response, Hart said, “Our members have asked us two things: whether they would be targeted because they are American, and how they can ensure that they operate in a business environment that seems to be increasingly affected by national security concerns.” remain compliant?”
Ironically, Micron was once a victim of Chinese theft of trade secrets, according to Voice of America.
In 2018, a federal grand jury in San Francisco indicted a Chinese state-owned company, a Taiwanese chipmaker and three employees with economic espionage related to a conspiracy to steal trade secrets from Micron.
United Microelectronics pleaded guilty in 2020 to one count of receiving and possessing trade secrets. It agreed to pay a $60 million fine and cooperate with U.S. prosecutors. In a statement, UMC denied any knowledge of the theft or unauthorized transfer of Micron’s trade secrets to Jinhua. (Arnie)
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)
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