The United States refused to "put up" with Chinese sanctions against Micron

On May 21, the Chinese authorities limited the purchase of Micron products due to the threat to national security. US DOCsaidthat he considers such measures as economic coercion and promised retaliatory measures

US Secretary of Commerce Gina Raimondo said that Washington refuses to accept China's ban on the use of semiconductors by US company Micron Technology in a number of key industries. Her words are quoted by BLOOMBERG .

The HEAD of the Ministry of Commerce stressed that Washington views such measures as economic coercion. “We will not put up with this and do not think that this will succeed,” Raimondo said.

As the agency notes, it is not yet clear what retaliatory steps the US authorities will take. Currently, writes Bloomberg, Washington is developing a possible response in coordination with its allies.

Micron Technology is an American manufacturer of semiconductor products, the main part of which is DRAM and NAND memory chips, flash memory, SSD drives, and CMOS sensors. CHINA is an important market for an American company. In 2022, mainland China and Hong Kong accounted for 25% of Micron's $30.8 billion in revenue, the FT reported.

On May 21, Chinese authorities identified national security issues with Micron products and banned critical infrastructure operators from purchasing them. "According to the Network Security Law, as well as other laws and regulations, critical information infrastructure operators in China must stop purchasing Micron products," the State Chancellery of Internet Information of China said in a statement.

Inspection of the American company's products began in China in early April. Beijing has begun studying imports of Micron products "in order to maintain national security, ensure the security of its information infrastructure, and prevent risks caused by problems with products," the ministry said.

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The Financial Times noted that Beijing's actions followed Washington's efforts to limit China's access to key Western technologies. In October 2022, the US introduced expanded controls on chip exports, with the Netherlands and Japan later following suit .

FT analysts believe that Micron has become an obvious target for China, since it will be easier for Beijing to replace its products with chips from South Korean competitors Samsung and SK Hynix. Washington has asked Seoul to urge its chipmakers not to fill a gap in the Chinese market if Beijing bans imports of Micron products, the paper said.