The decision by a Chinese court to temporarily ban some sales by Micron Technology Inc. adds to a series of setbacks for the world’s chipmaking giants in their most important market. Micron, which has been caught up in dueling intellectual property lawsuits with United Microelectronics Corp., received a preliminary injunction from the Fuzhou Intermediate People’s Court in Fujian province stopping sales of 26 products. Chipmakers are finding it increasingly fraught doing business in China, the world’s biggest market for semiconductors, amid tensions with the U.S. over trade and the Asian country’s own aspirations in the sector. …read more
Source:: Yahoo Finance
