LA Times · Jul 15, 2015
Chinese bid for chip maker Micron Technology could face U.S. scrutiny
Micron Technology Inc.'s headquarters in Boise, Idaho. A state-owned Chinese company reportedly is eyeing a takeover of the chip maker. (Charlie Litchfield / Associated Press)A state-owned Chinese company's reported interest in acquiring chip maker Micron Technology Inc. could face tough U.S. scrutiny, analysts said Wednesday.
Micron, based in Boise, Idaho, is the last major American producer of memory chips used in personal computers and smartphones.
The company's technology, and the fact that its semiconductors are used in some defense applications, could make it tough to get U.S. approval of any takeover, analysts said.