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On August 12, news emerged that Micron, a leading American memory chip manufacturer, would be making adjustments to its business operations in China. In response, Micron announced that, due to the sluggish market performance and waning growth in mobile NAND products, the company has decided to discontinue future development of mobile NAND products globally, including UFS5 (fifth-generation Universal Flash Storage). Micron clarified that this decision solely pertains to the development of mobile NAND products and does not impact other NAND solutions, such as SSDs or NAND offerings for markets like automotive. Furthermore, Micron affirmed its commitment to continue developing and supporting the global mobile DRAM market, providing a cutting-edge portfolio of DRAM products.
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