Micron Chip Sales Banned in China on Patent Case, UMC Says
- U.S. company says it hasn’t yet been served with an injunction
- Semiconductor industry at center of China, U.S. trade dispute
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A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the U.S. company off from the world’s largest semiconductor market, Taiwanese rival United Microelectronics Corp. said.
In a patent ruling in favor of UMC, the Fuzhou Intermediate People’s Court of the People’s Republic of China issued a preliminary injunction stopping Micron from selling 26 products, including dynamic random access memory and Nand flash memory-related products, UMC said in a statement Tuesday. Micron said it hasn’t been served with the injunction and won’t comment until it does. Shares in the Boise, Idaho-based company dropped as much as 8 percent.