TECH - Micron's Strategic Moves in China CEO Mehrotra's Talks and Expansion Plans Amid Shift from US Tech | Benzinga
Micron Technology, Inc (NASDAQ:MU) CEO Sanjay Mehrotra met with China’s Minister of Commerce, Wang Wentao, on March 23 to discuss Micron’s future development within China.
During the meeting, Wang Wentao expressed the Chinese government’s support for Micron, encouraging the company to deepen its operations and expedite new investment projects in the country.
Mehrotra outlined Micron’s ongoing business endeavors and upcoming investment initiatives in China, committing to comply with Chinese laws and regulations, Technode reports.
Additionally, he announced plans to enhance Micron’s investments to cater to the needs of Chinese consumers more effectively.
This meeting marks Mehrotra’s second visit to China in almost six months, following an earlier discussion on November 1, 2023, showcasing the ongoing dialogue and Micron’s commitment to expanding its presence in the Chinese market.