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The court ruled that Micron would no longer be able to sell its 26 products in China, including NAND and normal memory. This decision is directly applicable to Crucial, a part of the Micron family. At the same time, Micron will be banned from producing any memory in China, although the company has more than one factory in it. The news was immediately heard by the market and the shares of Micron fell by 8%. In China, Micron sells about 50%.
In January, Micron was found guilty of violating the patent rights of Chinese companies related to memory and other products. According to the current court ruling, Micron will not only stop marketing its products, but will also destroy existing stocks and pay compensation.
The company claims that until the court's final decision, it will not stop its products. Micron May Appeal Current Judgment
Earlier this year, the United States imposed less onerous conditions on China's ZTE, which violated sanctions against Iran and North Korea. As a result, Americans initially banned all US companies from selling their products to ZTE, forcing some to shut down the company and find a way out of a very difficult situation. Following the intervention of US President Donald Trump, another solution has been found: the US ZTE telephone components will continue to be available for purchase after paying $ 1 billion. Penalty in US $, will reject all guides related to the sale of equipment in Iran and North Korea and will admit a US-led observation team.
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