Apple seeks White House clearance to source chips from blacklisted CXMT

1 min read
Source: Yahoo Finance
Apple seeks White House clearance to source chips from blacklisted CXMT
Photo: Yahoo Finance
TL;DR Summary

Apple is lobbying U.S. authorities for a license to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese firm designated by DoD as a Chinese military company and added to the Commerce Department’s Entity List. The move, reported by the FT, aims to ease rising memory-chip costs that have contributed to higher iPad and Mac prices, with Apple said to have engaged the White House and other administration channels while licensing remains unlikely.

Share this article

Reading Insights

Total Reads

1

Unique Readers

5

Time Saved

19 min

vs 20 min read

Condensed

98%

3,86274 words

Want the full story? Read the original article

Read on Yahoo Finance