U.S. chip giant Micron to invest $600 million in China plant despite Beijing crackdown

3 years ago by schizoidman to c/worldnews

In a statement, the firm said it would invest the funds over the next few years in its plant in the city of Xi'an to acquire equipment and add a new factory at the facility.

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cykablyatbot 1 point 3 years ago

This isn't unusual. TSMC and Foxconn, both Taiwanese companies, are heavily invested in China as well.
No one serious is implying or saying the US or the West should be completely economically uninvolved with China. Without trade there is much less reason or room for diplomacy. But no one is building cutting edge fabs there either.

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