China escalating tech war by restrictions on US Micron

The Chinese ban’s impact on US Micron will vary depending on how China defines critical information structure. Without Micron products, Chinese companies are likely to turn to South Korean chip makers like Samsung.

Micron Technology, the largest US memory chip maker, is assessing its losses following a partial sales ban of its products in China, as South Korean firms like Samsung Electronics and SK Hynix stand to benefit from its absence.

The impact of the ban on Micron will depend on the details of Beijing’s restrictions, such as its definition of critical information infrastructure operators (CIIOs), which have been prohibited from buying the company’s products, said Micron’s chief financial officer, Mark Murphy, at a JPMorgan conference in Boston on Monday.