Apple Seeks US Approval to Buy Chips from Blacklisted Chinese Company
Apple is reportedly seeking permission from the White House to purchase memory chips from Yangtze Memory Technologies Co. (YMTC), a Chinese company that has been placed on a US government blacklist. This move comes as Apple aims to diversify its supply chain for iPhone components.
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Apple seeks to buy memory chips from blacklisted Chinese company
The iPhone maker wants Trump administration to sign off on purchases to ease pressure from rising chip prices
Read full article →Apple to White House: Allow us to work with this 'banned' Chinese company as ...
Apple is reportedly lobbying the White House to allow it to purchase memory chips from a Chinese company, ChangXin Memory Technologies (CXMT), which is on a Pentagon blacklist. This move comes as soaring chip costs pressure Apple, despite concerns from US lawmakers about aiding Chinese technological advancement. The tech giant faces a dilemma between financial relief and national security restrictions.
By TOI TECH DESK
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