Micron, a technology company headquartered in the U.S., plans to invest $600 million in a plant in China. The investment aims to expand Micron's operations in the country, with an additional one thousand two hundred workers from Powertech Technology being added to its total payroll, bringing the total number of employees to four thousand five hundred.
In summary, Micron, a U.S.-based technology company, intends to invest $600 million in a plant in China. The investment will result in the expansion of Micron's operations in the country. This decision comes despite a cybersecurity probe launched by China's authorities into Micron's products in response to U.S. sanctions on Chinese technology firms.