SECURITY CONCERNS: The dependence of modern weapons on computer chips is an issue when it comes to the proposed takeover on Micron by a Chinese company.
Memory-chip maker Micron Technology Inc said it would lower costs, including by cutting jobs and focusing on fewer programmes, after its hopes of reversing its fortunes this year were thwarted by a persistently challenging market.
Demand for Micron's DRAM chips for personal computers has continued to fall, while it faces stiff competition from rivals such as Samsung in the market of NAND chips for devices like smartphones.
