US chipmaker Micron Technology has started a new round of lay-offs that is expected to shed hundreds of jobs in mainland China, as part of the company’s global retreat from the lacklustre mobile NAND memory market. Micron – with offices in Shanghai, Shenzhen and Xian, capital of northwestern Shaanxi province – said the “challenging financial performance of mobile NAND products” prompted it to “discontinue development of new mobile NAND products globally”, a company representative said in an...