In response to recent reports about "Micron's business adjustments in China," Micron officially responded to ChinaFlashMarket:

Given the persistent weak financial performance of mobile NAND products in the market and their slower growth compared to other NAND opportunities, we will discontinue future mobile NAND product development worldwide, including the termination of UFS5 development.

This decision only affects global mobile NAND product development. Micron will continue to develop and support other NAND solutions, such as SSDs and NAND solutions for automotive and other end markets. Micron also remains committed to developing and supporting the mobile DRAM market globally, offering an industry-leading DRAM product portfolio.