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BREAKING
Al-Saadi: There were concerns that Lahham would be placed under administrative detention.
Al-Saadi: The Israeli occupation authorities could not prove any allegations leveled against Nasser Lahham.
Lawyer Oussama al-Saadi: The oppressive Israeli measures of delaying Lahham's release had vengeful motives.
Nasser Lahham's lawyer said the journalist was released without any conditions or restrictions, adding that the conditions in which he was kept were terrible.
The Israeli occupation authorities release Al Mayadeen Palestine bureau chief Nasser al-Lahham.
Local Syrian sources: An Israeli airstrike targeted a tank and artillery battalion in the city of Izraa in the Daraa countryside
Al Mayadeen's correspondent in eastern Lebanon: 12 martyrs and 5 wounded in Israeli raids targeting the outskirts of Wadi Fa'ra in the northern Bekaa Valley
Local Syrian sources: More than 10 Israeli raids targeted Sweida, with information about more than five casualties from the Internal Security Forces
Local Syrian sources: Initial reports indicate that approximately 15 people were killed or wounded at the al-Radwan family's guest house in Sweida following a direct exchange of gunfire
Israeli media, citing Israeli political sources, reported that the Shas movement is expected to withdraw from the government within less than 24 hours

US giant Micron chooses profit, announces 'commitment to China': FT

  • By Al Mayadeen English
  • Source: Financial Times
  • 16 Jun 2023 10:31
2 Min Read

The decision comes after China barred critical infrastructure operators from using Mircon's memory chips due to national security concerns.

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  • Micron logo on company's headquarters (AFP)
    Micron logo on company's headquarters (AFP)

American memory-chip giant Micron plans to increase investment in its China-based factory by over half a billion dollars, a decision that came shortly after China banned critical infrastructure operators from buying the firm's products in response to Washington's tech war against Beijing.

China's decision then aimed to ensure "the cybersecurity of products and threats to the security of the country's key information infrastructure," Chinese Foreign Ministry Spokesperson Mao Ning said then.

"This is a necessary measure to ensure national security."

Read more: US pressure mounts on Amsterdam: New anti-China chip restrictions

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Micron said on its account on WeChat social media app that it intends to invest 4.3 billion yuan ($603 million) over the next few years to expand and upgrade its factory located in the Chinese city of Xi’an.

“This investment demonstrates Micron’s unwavering commitment to its China business and team,” said the group’s chief executive Sanjay Mehrotra.

The US-based firm announced this step after Chinese electronic consumers started to look for alternatives to Micron's memory chips, two people informed on the matter said, according to the Financial Times.

Micron will also purchase packaging equipment from a Xi’an-based subsidiary of Taiwan’s Powertech Technology, in addition to introducing a new production line.

The company has been “preparing for the project for some time," said Micron in a statement.

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  • China
  • Micron

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