Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!
you are here: HomeNewsWorld

Micron to shut DRAM chip design operations in Shanghai: Report

Micron will ask some of the 150 Chinese engineers on the site to relocate to the United States or India.

January 26, 2022 / 09:50 PM IST
Representative image

Representative image

Memory chip maker Micron Technology will shut its DRAM chip designing operations in Shanghai by the end of this year, the South China Morning Post reported on Wednesday.

Micron, which did not immediately respond to a Reuters request for comment, will ask some of the 150 Chinese engineers on the site to relocate to the United States or India, the SCMP reported, citing industry sources.

ALSO READ: China 3-4 generations away from ‘cutting-edge’ chip capabilities: Report

Semiconductors have been at the heart of U.S.-China tensions and the United States has been looking to shift the balance back in favour of the West and away from Asia, driven by intellectual property and supply chain concerns.

Micron makes NAND memory chips that serve the data storage market as well as DRAM chips that are widely used in data centers, personal computers and other devices.



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Reuters
first published: Jan 26, 2022 09:50 pm
Sections
ISO 27001 - BSI Assurance Mark