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Micron to shut down DRAM chip design team in Shanghai

Move comes after poaching of engineers sparks technology leak concerns

Micron Technology is closing its Shanghai research center, saying its future investment priorities are in the U.S.

U.S. computer chip giant Micron Technology plans to shut down its DRAM design team in Shanghai by the end of this year, the company confirmed to Caixin.

The move comes after many members of Micron's DRAM engineering team were poached by domestic competitors. It will serve as a precautionary measure to prevent technology leaks to competitors, several chip industry participants told Caixin.

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