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HometechUS chip maker Micron gauges the damage after China’s ban

US chip maker Micron gauges the damage after China’s ban

Tech

Micron gauges the damage after China’s sales ban, as South Korean firms stand to fill its void

The ban’s impact on Micron will vary depending on how China defines critical information structure, says chief financial officer Mark MurphyWithout Micron products, Chinese companies are likely to turn to South Korean chip makers like Samsung and SK Hynix, analysts sayUS-China tech warDylan ButtsPublished: 10:00pm, 23 May, 2023Why you can trust SCMPCorrected [3:12pm, 25 May, 2023][3:12pm, 25 May, 2023]

A previous version of this story incorrectly stated that Micron had a 28 per cent market share of DRAM chips in China in the first quarter of 2023, while Samsung held 43 per cent.The numbers, in fact, refer to the companies' global market shares.

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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.

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China imposes restrictions on US chip maker Micron, escalating tech war

China imposes restrictions on US chip maker Micron, escalating tech war

“We are currently estimating a range of impact in the low single-digit percentage of our company’s total revenue at the low end, and high single-digit percentage of total company revenue at the high end,” he said.

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