Foreign media: U.S. memory chip manufacturer Micron announced its exit from the sluggish mobile NAND flash memory market and has started a new round of layoffs in China, with more than 300 positions expected to be cut.
Micron has offices and R&D, testing, and support departments in Shanghai, Shenzhen, and Xi'an in China. This week, the company has started laying off staff, including positions in R&D and support.
The company stated that due to the continued weakness in the global mobile NAND market, it has stopped global R&D in this field. Mobile NAND is mainly used for data storage and transmission in smartphones and tablets.
According to an employee who is informed, Micron offers generous compensation to employees in mainland China who choose to resign voluntarily.
Original article: www.toutiao.com/article/1840319482687495/
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