BEIJING : China's commerce minister told Micron Technology Inc's president Beijing would welcome the U.S. semiconductor company deepening its footprint in the Chinese market, signally a further thaw in relations between the world's top two economies. In a meeting on Nov.
FILE PHOTO: The company logo is seen on the Micron Technology Inc. offices in Shanghai, China May 25, 2023. REUTERS/Aly Song/File PhotoBEIJING : China's commerce minister told Micron Technology Inc's president Beijing would welcome the U.S. semiconductor company deepening its footprint in the Chinese market, signally a further thaw in relations between the world's top two economies.
"We welcome Micron Technology to continue to take root in the Chinese market and achieve better development under the premise of complying with Chinese laws and regulations," Wang added. China's move against Micron was widely seen as retaliation for Washington's efforts to restrict Beijing's access to key technology. It came just a day after the Group of Seven rich nations agreed they would look to"de-risk, not decouple" from China, and as Washington pressured its allies to join it in restricting chip equipment exports to China.
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