Apple seeks clearance to source Chinese memory chips amid price squeeze

1 min read
Source: Financial Times
Apple seeks clearance to source Chinese memory chips amid price squeeze
Photo: Financial Times
TL;DR Summary

Apple is lobbying Washington for clearance to buy memory chips from CXMT, a Chinese company on the Pentagon’s 1260H blacklist for alleged PLA ties, to ease rising memory prices that prompted Apple to raise prices on MacBooks and iPads; while not barred from CXMT or YMTC, the White House’s stance on approving such purchases remains uncertain and could face Congressional scrutiny amid US-China tech tensions.

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