On May 21, the Cyberspace Administration of China notified important domestic communication facilities to stop purchasing Micron products. It is understood that the punishment is relatively restrained, mainly for safety-related special markets. Compared with the huge consumer market, such markets are small in magnitude, and previously for various reasons, Micron's share in these areas has been very low. Therefore, the punishment warning significance is greater than the substantive significance, with the effect of observation, does not rule out the intention to continue to expand the scope of punishment.
This is an emergency, a necessity. The study was conducted on March 15. Thoughts on China's Semiconductor Countermeasures: The Need to Set up a Negative List for Foreign Enterprises. The article launched an initiative suggesting that there should be countermeasures against foreign enterprises that deceit and promote decoupling behind their backs.articlecauseindustryheightimportanceandfollow。Recently, the state hit hard, butThis is seen as a response to industry calls.A few thoughts on this core:one，The timing of the counter-measures and the choice of sanctions targets are highly targeted.First of all, there is a serious overcapacity in the storage field, even if Micron only accounts for about 10% of its total sales in the domestic market, but in a serious downward cycle if sanctions are imposed, it will undoubtedly make it worse and maximize the pain. Secondly, Micron products have a good replaceability, in the global market, Micron DRAM ranked in the top three, NAND ranked in the top five. In the Chinese market by Samsung, SK and other enterprises strong squeeze. And in certain areas, Micron's presence in the Chinese market is extremely weak. We launched countermeasures in this area, which hurt domestic enterprises less, and the room for maneuver is larger.Second, in the current market situation, coupled with the severe sanctions of the United States, domestic storage enterprises have encountered unprecedented difficulties. The domestic storage enterprises should raise funds in various ways and stick to it. In the dormant period, improve internal strength, study technology, improve yield and forge ahead . It is believed that the self-reliant Chinese storage industry, backed by the Chinese market, will be able to find a way out and survive the industrial winter.Third, sanctions against American companies, Law-abiding international enterprises need not worry, they must believe in China's determination to continue to promote high-level market opening. 。 As long as foreign companies abide by laws and regulations and do not harm the interests of Chinese enterprises through non-market means, the Chinese market will continue to highly respect the interests of foreign companies. Over the past decades, foreign companies have made great contributions to China's economic development, and the Chinese government is deeply aware of this. Therefore, the domestic market is becoming more and more open, and foreign companies have always been given preferential treatment. It is China's last resort to counter Micron, not China's policy change.Fourth, under the current countercurrent of de-globalization, the whole Other global markets are becoming more and more stringent for international companies, and China is arguably the best international market. 。 China is the biggest beneficiary of globalization and the most motivated to safeguard it. In contrast, other international markets, not to mention India, a new economy with immature laws and regulations, even the United States and Europe are increasingly strict with international companies. Many countries often launch safety investigations, huge fines, and even countries like India directly freeze foreign companies' profits. By all accounts, China is already the most foreign-friendly big country.Five, It is recommended that foreign companies continue to increase investment in China, increase their presence in China, and deeply anchor the Chinese market. With the recovery of the Chinese market, European companies have increased their investment in China. The Chinese government is also paying more and more attention to Europe, and there are constantly high-level government visits to Europe. Accordingly, because European companies plough deep into the Chinese market, in turn, promote their respective governments and Huayou good. This kind of positive interaction reduces the unnecessary disaster caused by many political factors. Even if American companies, as long as they deeply cultivate China, treat Chinese companies with sincerity, and create opportunities to actively cooperate with Chinese companies, they will still be warmly welcomed by the Chinese market.Sixth, the importance of foreign companies to China's technological progress and stable economic growth is far greater than before. After the country launched the first time to interact with foreign companies On May 22, Minister of Commerce Wang Wentao had a discussion with some US-funded enterprises to discuss the construction of the business environment and actively dispel the doubts of enterprises. With the global competitive investment, the state should also increase efforts to encourage foreign companies to become bigger and stronger in the Chinese market. With rewards and punishments clearly attracting measures to guide foreign companies to take the initiative to make more favorable choices for the Chinese market. In the current new situation, for the United States and Western sanctions, to find ways to reduce the difficulty of foreign investment in China. Flexibly deal with the landing problem of foreign enterprises and foreign talents, creatively reduce the landing cost of foreign enterprises, and increase the attractiveness of the Chinese market.All in all, the Chinese government's counter-attack against Micron is a well-reasoned, restrained and restrained fixed-point action.Follow-up countries should further act to dispel the concerns of foreign companies and prevent a chilling effect. Now the only dilemma is South Korean companies, after China launched the investigation of Micron, the United States warned South Korean companies not to take the opportunity to "fill the gap." How to develop in the gap between China and the United States has become a compulsory course for international enterprises. While enjoying the dividends of the Chinese market, international enterprises should also shoulder their due responsibilities. Moreover, the US government does not have many ways to "ally" companies, and international companies can always solve the problem of choosing one of the two.
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