Micron says emerging Chinese rivals pose no threat -- for now

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20201007 Micron chip

U.S. memory chip maker Micron Technology is confident it can fend of Chinese rivals for the time being.  © Reuters

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Micron Technology is confident that its Chinese rivals will not be able to challenge the largest U.S. memory chipmaker anytime soon, despite Beijing's efforts to cut reliance on foreign chip suppliers, a senior executive at the American company told Nikkei Asia in an exclusive interview.

Manish Bhatia, Micron's executive vice president, said that even with "deep pockets" it will take time for Chinese newcomers to make a significant impact on the global memory chip market, but stressed that his company takes all competition seriously and is paying close attention to the progresses of emerging Chinese competitors.

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