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Micron unruffled by rise of Chinese chipmakers

Tech and intellectual property demands pose high hurdles for newcomers, CEO says

Micron's production equipment at the Hiroshima Prefecture facility

TOKYO -- Chinese memory chip manufacturers pose no serious threat yet to established players, Micron Technology CEO Sanjay Mehrotra said, citing high barriers to entry for aspiring global suppliers.

China's state-owned Tsinghua Unigroup has strengthened its presence in the memory market, enough so that Apple is considering procuring NAND flash memory from subsidiary Yangtze Memory Technologies. Unigroup made an unsuccessful $23 billion bid to buy Micron in 2015.

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