Micron responds to adjustments in its China operations: the company will cease future development of mobile NAND products globally.

On August 12th, it was reported online that American storage chip maker Micron adjusted its business in China. Micron responded to this change by stating that, due to the continued weak financial performance of mobile NAND products in the market and slower growth opportunities compared to other NAND products, the company will globally cease future development of mobile NAND products, including terminating the development of UFS5. Micron stated that this decision only affects the development of mobile NAND products globally, and it will continue to develop and support other NAND solutions such as SSDs and NAND solutions for the automotive and other terminal markets. Micron will also continue to develop and support the mobile DRAM market globally, and provide a leading portfolio of DRAM products in the industry.