Caixin
May 23, 2023 03:21 AM
TECH

Samsung and SK Hynix May Benefit From China’s Micron Ban

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Micron got about 11% of its revenue from China in the 2022 fiscal year.
Micron got about 11% of its revenue from China in the 2022 fiscal year.

South Korean memory-chip makers Samsung Electronics Co. and SK Hynix Inc. are expected to benefit from China’s ban on U.S. rival Micron Technology Inc.’s products.

China’s cyberspace regulator said Sunday that it found “relatively serious” cybersecurity risks in Micron products sold in the country and warned operators of key Chinese information infrastructure against buying the company’s products.

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