Just weeks after being banned from selling chips to China, Micron pledges a $600 million investment in the country

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Written By Jennifer Joslyn

🚫 Just weeks after being banned from selling chips to China, Micron pledges a $600 million investment in the country.

Micron Technology Inc. has announced a significant investment of $602 million in its chip-packaging plant in China, despite recent restrictions imposed by the Chinese government on the use of its semiconductors. The US memory chipmaker plans to expand its existing facility in Xi'an, adding assembly lines and acquiring new equipment over the next few years. This investment is expected to create 500 jobs, increasing Micron's workforce in China to over 4,500 employees.

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Jennifer Joslyn
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