Micron faces a significant risk to its revenue as 10% of it is directly at stake. If the company is banned from the entire Chinese market, it stands to lose revenue from a wide range of devices, including Apple products, smartphones, and computers. Such an outcome could have catastrophic consequences for Micron, potentially leading to its demise. Meanwhile, Samsung and Hynix are likely to reap benefits from this situation.
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https://www.globaltimes.cn/page/202304/1288497.shtml
China's Foreign Ministry spokesperson, Mao Ning, stated that it is normal for Chinese regulatory departments to conduct cybersecurity reviews of network products that may affect national security in accordance with the law. This came in response to a recent cybersecurity review of products sold by US-based memory chip producer Micron in China. Mao emphasized that all enterprises must comply with Chinese laws and regulations to operate legally. The review of Micron's products is in accordance with China's national security law, cybersecurity law, and cybersecurity review measures, aiming to protect critical information infrastructure and maintain national security. The country has more than 140 laws on cyberspace, and it has formed a cyber legislation framework supported by various laws and regulations. In February, China unveiled guidelines for digital development, calling for building a credible and manageable digital security apparatus.