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Micron Technology: China is investigating the US chip maker for cybersecurity

China said on Saturday it was investigating US chipmaker Micron Technology to "protect the country's security and interests"

China has asked US chipmaker Micron Technology for information about its handling of sensitive information, according to Reuters.

China is investigating the US chip maker for cybersecurity
China is investigating the US chip maker for cybersecurity

China said on Saturday it was investigating US chipmaker Micron Technology to “protect the country’s security and interests”, after a report that the firm had improperly handled sensitive information.

China said on Saturday it was investigating US chipmaker Micron Technology to “protect the country’s security and interests”, after a report that the firm had improperly handled sensitive information.

The comments confirmed a report by Bloomberg, which said Micron had been probed by China’s National Internet Finance Association (NIFA).

“China has a responsibility to protect its citizens’ information,” Geng Shuang, spokesman for Beijing’s foreign ministry, told reporters at a briefing. He added that “the Chinese government attaches great importance” to protect national security and has made efforts over recent years to improve its cyberspace governance system.”

Micron has been accused of mishandling sensitive information and images that may have been stolen by Chinese spies.

Micron has been accused of mishandling sensitive information and images that may have been stolen by Chinese spies.

Micron
Micron

In a statement to Reuters, Micron said it was “not aware of any security issues” related to its chips sent to Huawei. It added: “We are confident that our products meet all applicable requirements.”

But the US chipmaker is on the defensive after it emerged last month that several images from inside an iPhone 5S found their way onto a Chinese server used by hackers linked to China’s Ministry of Public Security (MPS).

The comments confirmed a report by Bloomberg, which said Micron had been probed by China’s National Internet Finance Association (NIFA).

Micron Technology, one of the world’s largest makers of memory chips, said on Monday that it is investigating a report by Bloomberg News that said China’s National Internet Finance Association (NIFA) had probed the US chip maker for cybersecurity violations.

The comments confirmed a report by Bloomberg, which said Micron had been probed by China’s National Internet Finance Association (NIFA). The association is one of three agencies responsible for managing cross-border e-commerce transactions in China.

The NIFA has been investigating whether there are any cybersecurity risks related to its purchases from U.S.-based companies since late 2015 when reports surfaced about Chinese hackers targeting U.S.-based companies including Amazon and Apple Inc., according to people familiar with the matter who spoke on condition they not be named due to sensitivity of these matters

NIFA is one of two bodies responsible for regulating the technology industry in China.

NIFA is one of two bodies responsible for regulating the technology industry in China. It is part of the Ministry of Industry and Information Technology, which also includes the National Development and Reform Commission (NDRC), China’s central economic planning agency; and the State Administration for Industry and Commerce (SAIC).

A spokesman for Micron told Reuters that its board of directors had not been informed of any investigation by China’s government.

Micron Technology is a US semiconductor company that makes chips for smartphones and other devices.

A spokesman for Micron told Reuters that its board of directors had not been informed of any investigation by China’s government, but added that if such an investigation were to occur, the information would be shared with all shareholders.

China has asked for information about Micron

China has asked for information about Micron, a US chip maker. The Chinese government wants to know more about Micron’s security and whether or not it is “harmful to national interests.”

The request was sent by the People’s Bank of China (PBOC), which oversees all banking in China, according to reports from Reuters. The PBOC isn’t alone in its interest; other organizations have also reached out to Micron asking similar questions about cybersecurity and hacking concerns at the company.

 

Conclusion

Micron and its subsidiary, Micron Technology Hong Kong Co Ltd (MT HK), are incorporated in the Republic of China (Taiwan) and are members of the Taipei Economic and Cultural Representative Office in Washington, DC. MT HK is also a member of the Taiwan External Trade Development Council (TECODES).

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