Apple seeks approval to buy chips from blacklisted Chinese company, FT reports
The move could ease pressure from rising memory chip costs as Apple raises prices on Macs and iPads, the Financial Times reported.
- Apple is lobbying the Trump administration for clearance to buy memory chips from ChangXin Memory Technologies , which the Pentagon blacklisted due to alleged connections to the People Liberation Army, the Financial Times reported on Friday.
- On Thursday, Apple CEO Tim Cook raised iPad and MacBook prices, stating the company could no longer shield customers from soaring memory and storage chip costs driven by the AI industry's data center buildout.
- Apple contacted the Commerce Department a month ago and is now targeting "other officials across the administration and allies in Washington" to expand its lobbying efforts, per the Financial Times.
- U.S. companies cannot ship goods, software, or technology to firms on the Entity List without licenses, which are likely to be denied due to national security rules restricting trade with Chinese manufacturers.
- Cook previously indicated interest in buying memory chips from Chinese firms if approved, saying "everything needs to be on the table" regarding supply chain restrictions and U.S. trade policy.
29 Articles
29 Articles
Apple’s looking at a politically radioactive fix for the memory crisis, and the US government isn’t happy about it
Apple wants to buy memory from CXMT, a Chinese company on the Pentagon's blacklist, and it's lobbying the Trump administration for clearance to do exactly that.
Apple Wants to Buy Blacklisted Chinese Memory. Micron Has Nothing to Worry About
The AI boom has transformed one of the semiconductor industry’s most cyclical businesses into one of its tightest markets. Memory chips, once plagued by oversupply and collapsing prices, have become one of the biggest bottlenecks for AI infrastructure. That shortage has helped lift Micron Technology (NASDAQ:MU | MU Price Prediction), Samsung Electronics, and SK hynix ... Apple Wants to Buy Blacklisted Chinese Memory. Micron Has Nothing to Worry…
Apple wants US approval to buy chips from CXMT as memory prices quadruple
Apple has been lobbying Commerce Department officials and other members of the Trump administration for approval to buy memory chips from ChangXin Memory Technologies, according to the Financial Times. CXMT is China’s largest DRAM manufacturer and sits on the Pentagon’s list of companies with alleged ties to the Chinese military. Six people familiar with the […] This story continues at The Next Web
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