News Formal

Stocks dip at US microchip manufacturer after China claims security risk

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Beijing warned operators of key infrastructure against buying the company’s goods, saying it found “relatively serious” cybersecurity risks in Micron products sold in the country

US chipmaker Micron’s stock declined after China’s cyberspace regulator said that its products failed to pass a cybersecurity review, a move that jeopardised the company’s sales in a crucial market.

. The components caused “significant security risks to our critical information infrastructure supply chain,” which would affect national security, according to ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks muted as US debt ceiling concerns lingerPan-European Stoxx 600 index largely unchanged, after touching a more than one-year high on Friday
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

China bans some sales of chips from US company MicronMany analysts viewed the move as retaliation for Washington’s efforts to cut off China’s access to high-end chips via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »