News Snapshot:
In the years before China declared U.S. firm Micron Technology’s products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed. A Reuters review of over a hundred public government tenders found that while previously Chinese government authorities regularly put out purchase requests for Micron’s chips for use in projects such as tax systems to surveillance networks, such requests dried up dramatically from 2020. Instead, the bulk of memory chip purchases from such entities have gone to domestic firms including Huawei Technologies, server maker Inspur as well...