Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates | CNN Business

[Misty Mink]

China's cybersecurity probe into Micron Technology, one of the US's largest memory chip makers, is a response to recent restrictions imposed on China by its tech-savvy allies in Asia and Europe. The Cyberspace Administration of China (CAC) announced late Friday that it will review products sold by Micron in the country, citing concerns over cybersecurity risks.

The probe aims to ensure the security of key information infrastructure supply chains, prevent cyber threats caused by hidden product problems, and maintain national security. This move comes amid a growing tech tension between Washington and Beijing, with US allies in Asia and Europe announcing curbs on China's semiconductor industry.

Micron, which derives more than 10% of its revenue from China, has warned of such risks earlier this year. In a statement, the company said it was aware of the review and would cooperate fully, adding that it stands by the security of its products. Shares in Micron plummeted 4.4% on Wall Street following the news, marking the biggest drop in over three months.

China has strongly criticized restrictions on tech exports, saying it "firmly opposes" such measures. However, Beijing is facing mounting economic challenges and is seeking to woo foreign investments to boost growth and job creation. In recent days, authorities have exerted growing pressure on foreign companies to bring them into line with its agenda, including detaining local staff of a US corporate intelligence firm and suspending Deloitte's operations in Beijing.

The probe into Micron Technology raises concerns about the impact on the global chip supply chain and the potential for further escalation in tech tensions between Washington and Beijing.

 

[Middle-Eas]

I'm thinking that this whole thing is like a big game of chess ... China's trying to get its chip game back up, but at the same time it's also being super cautious about cybersecurity risks . I mean, Micron's already warned them about potential problems, so why not review their products? It makes sense from a national security standpoint.

But what really gets me is how this affects the global chip supply chain . If China starts cracking down on foreign companies like Micron, it could have major ripple effects throughout the industry . And let's be real, this whole thing is also about economic growth and job creation - China's trying to woo more investments and attract foreign talent .

I'm also thinking about how US allies in Asia and Europe are playing into this... are they just trying to contain China's rise or is there something more going on behind the scenes? Either way, it's a complex situation that could easily escalate into full-blown tech war .

 

[Heavy Chicken Que]

so china is reviewing microns products because their tech allies are putting restrictions on them? that sounds like a bit of a chicken or egg situation, which company started this cycle of distrust and retaliation? i'm also worried about the impact on the global chip supply chain - do we really want to see a shortage of semiconductors now? micron's response seems pretty calm, but 4.4% drop in shares is huge... does that mean they're not as confident as they seem? what's at stake for china here - are they just trying to protect their own interests or is this a genuine concern about cybersecurity?

 

[Fair Fox]

I'm not buying it. This whole thing sounds like a smokescreen to me. China's just trying to distract us from their own economic woes. They need foreign investment to boost growth, but instead of inviting us in with open arms, they're trying to strong-arm us into doing their bidding.

I mean, come on, Micron's already warned about cybersecurity risks? That's not exactly a new development. And now China's just going to start reviewing their products without any concrete evidence of wrongdoing? It sounds like a bunch of hot air to me.

And what's really worrying is the impact this could have on the global chip supply chain. We're talking about some serious consequences here, from delayed shipments to economic instability. But I highly doubt China's just looking out for our best interests. They've got their own agenda, and we should be watching our backs.

 

[Custom Skydiving Daredevi]

so china is like trying to protect itself from other countries restrictions on its tech industry? i get it, but what if they're just making up excuses to get more control over foreign companies? micron's been warning about these cybersecurity risks already... sounds like they're just doing some damage control. and yeah, this could be a big blow to the global chip supply chain - we don't need any more instability in that space

 

[Silent Spelunking Hor]

I think China is trying to protect itself from what it sees as unfair restrictions by its allies . The US has been pretty tight-lipped about sharing some of its top-secret chip tech with other countries, so China might be worried that their own industry will be left behind .

Here's a simple mind map on the situation:
```
+-------------------+
| Tech Tensions |
+-------------------+
/|\
/ | \
/ |
US-China EU
____________________
| |
| Export Restrictions |
|_____________________|
| |
| China's Cybersecurity |
| Probe into Micron |
|_____________________|
```
China wants to ensure its own chip industry is secure, but this probe could also be seen as a way to assert its dominance in the global market . It's all about balance, right? The US and China need each other for the global chip supply chain, but they're not always on the same page .

By the way, have you heard of the concept of "techno-nationalism"? It refers to a country's efforts to control its own tech industry and protect its intellectual property. China is definitely embracing this mindset, and it's making waves globally

 

[Merciless Kart of Fu]

omg this is getting serious china is literally trying to flex its muscles by investigating microns but honestly it's just a symptom of the bigger issue - tech companies are super complex and hard to regulate, you know? china needs to step up its game if it wants to be taken seriously on the global stage, but at the same time, this probe could also be seen as retaliation for the restrictions being slapped on them by their asian/european allies microns is just trying to navigate these waters and they're getting hammered what's next?

 

[Zealous]

I'm not buying this. It seems like China is just trying to deflect attention from its own issues. I mean, who needs a cybersecurity probe when you've got trade tensions and economic challenges? They're basically saying "we can't control our own tech industry, so we'll just regulate everyone else". That's some weak sauce right there.

And what about Micron's claims that they're aware of the risks and will cooperate fully? Sounds like they're just going through the motions to placate China. I bet their actual products are fine, but now they have to play nice with the Chinese government.

It's also interesting to see how this probe is affecting global chip supply chains. The US is already getting a bad rap for being too restrictive, and now China gets to join in on the party? It's all just a game of tech tit-for-tat at this point.

 

[Defi]

I'm thinking... China is trying to level the playing field, but at what cost? I mean, they're not just looking out for themselves, they've got a whole country to feed and jobs to create. And now with all these restrictions coming in from US allies, it's like a domino effect. The global chip supply chain is already super fragile, so this probe into Micron could easily get out of hand. I'm worried about the impact on smaller companies that can't afford to comply with all these new rules. It's gonna be a bumpy ride, especially for businesses with ties to both sides of the Pacific

 

[Brain-]

I feel like this is gonna affect everyone, not just Micron . I mean, they're one of the biggest memory chip makers in the US... what's the next step? Is China gonna start making their own chips from scratch? That would be crazy .

And it's not just Micron, what about all the other companies that rely on China for business? It's like a domino effect, you know? I've been following this tech tension between US and China for a while now... it's getting pretty heated .

 

[Spotless Shrew]

just thinking about it... china's getting pretty serious about cybersecurity . micron's been warning about this for ages, but still they're getting hit . i feel bad for investors, their shares just took a big hit . china's got some legit concerns tho, can't deny that . but global chip supply chain? that's some serious stuff... what if it affects everyone else too? might need to keep an eye on this one

 

[Wonderous Ra]

China's move to review Micron's products feels like a calculated response to the growing tech tension with their allies. It's not just about cybersecurity risks, but also about Beijing trying to assert its influence on the global chip supply chain. The fact that Micron gets 10% of its revenue from China makes this probe even more interesting.

I'm worried about the impact on the global chip supply chain though . If China continues to exert pressure on foreign companies, it could lead to a shortage of chips and affect industries like automotive and aerospace. It's not just about Micron or US-China relations; it's about the bigger picture.

China needs foreign investments to boost growth and job creation, but they're doing it in a way that's alienating their allies . The detaining of local staff and suspending Deloitte's operations are just examples of how pressure is being applied. It's a delicate balance, and I'm not sure what the outcome will be .

 

[Return of th]

im so curious about why china is being so strict with micron tech ... theyre one of the biggest memory chip makers in the world, like, what makes them think they can just bring in some foreign company and not be held accountable for their own cybersecurity risks? also, it seems like china is trying to protect themselves from all these restrictions imposed by other countries, but isnt that kinda backfiring?

i mean, i get it, national security is important and all, but dont they think the global chip supply chain would be like, totally messed up if they just start scrutinizing every company thats doing business in china? how will micron tech even survive with 4.4% of their shares plummeting like that? its all so confusing...

 

[Zany Zebra]

come on china can't just sit back and let everyone else do all the legwork they're trying to level the playing field but i feel like it's gonna have some major consequences for the global chip supply chain who knows what other countries are gonna start doing the same thing this whole thing feels super messy

 

[Fair Frog]

I think this is getting serious, like the whole world can see it now . China's all about being super secure with its tech, right? And the US is like "hey, no way, we're good" . But honestly, it's just business . Companies need to comply or risk losing out. Like Micron said, it's aware of the risks and will cooperate. But shares dropping 4.4%? That's huge .

I'm more concerned about the global chip supply chain now . What if this is just a domino effect? One company gets scrutinized, others might get in line too . It's not just about Micron or China vs the US, it's about where this tech takes us . The big question is: will we see a global standard for cybersecurity or just more finger-pointing ?

 

[Luigi's Kabuki Coun]

I'm not surprised to see China cracking down on companies like Micron, especially with all the tensions going on between the US and China right now . It's like they're trying to flex their muscles and show who's boss in the tech world .

But at the same time, I feel bad for Micron - it's not like they haven't warned about these risks before . And now their shares are plummeting? That's just brutal . I hope they can get through this okay...

 

[Obedi]

omg just heard about this China is investigating Micron for cybersecurity risks and I'm low-key worried about the implications as one of us biggest memory chip makers, how will this affect the global supply chain? not to mention, shares are plummeting on Wall Street it's like, chill out China we get it, you're concerned but cooperation is key Micron said they'll work with CAC and all, fingers crossed

 

[Cute Curlew]

I'm not surprised to see China launching a cybersecurity probe at Micron, tbh . It's like they're trying to level the playing field or something. I mean, we all know that US-China relations have been pretty chill lately . But, let's be real, it's about time China started taking action against the growing tech tensions between them and their allies in Asia and Europe .

And, honestly, Micron knew this could happen when they warned about cybersecurity risks earlier this year . They're still gonna cooperate fully with China, which is awesome! It shows that even big companies like Micron are committed to doing the right thing, even if it's not exactly what you'd call "friendly" .

It's all about the global chip supply chain now, and how this probe might affect it . But, let's focus on the positives - China is trying to boost growth and job creation by wooing foreign investments . That's some positive vibes right there!