Apple Lobbies Trump Administration for Approval to Buy Chips from Chinese Military-Linked Firm CXMT
By
Will McCurdy
Summary
Apple is reportedly lobbying the Trump administration for approval to purchase memory chips from CXMT, a Chinese semiconductor firm blacklisted by the Pentagon for alleged ties to China's military. The move comes after Apple raised prices on iPads and MacBooks, citing a memory chip shortage affecting consumer electronics. CXMT is on the U.S. government's 1260H list, which restricts contracts with companies linked to China's military. Apple has approached the Commerce Department seeking an exemption.
Source
bskyApple Lobbies Trump Administration for Approval to Buy Chips from Chinese Military-Linked Firm CXMTpcmag.comKey quotes
· 3 pulledApple chalked up the price increases, which hit iPads and MacBooks, to the ongoing memory chip shortage, which is threatening to push up prices for many types of consumer electronics.
CXMT is listed on the government's 1260H list, which indicates that the company works with China's military.
Companies on this list are not allowed to enter into contracts to provide goods, services, or techno
You might also wanna read
Apple in talks to buy memory chips from blacklisted Chinese manufacturers to ease AI-driven supply crunch
Apple is negotiating to buy memory chips from Chinese manufacturers CXMT and YMTC, both on the Pentagon's blacklist, to ease an AI-driven sh
zerohedge.com·3d ago
Apple ‘in negotiations’ with two banned Chinese RAM firms after price increases
Chinese DRAM Maker CXMT Files for $4.2 Billion IPO to Compete with Global Memory Giants
Chinese DRAM manufacturer ChangXin Memory Technologies (CXMT) has filed for an IPO on Shanghai's STAR Market, seeking to raise approximately
ic-pcb.com·6mo ago
SK hynix, Samsung, Micron among semiconductor industry group lobbying against government intervention on domestic memory chip supply — says move would worsen situation, suggests tax deductions on consumer electronics instead
Chinese DRAM Maker CXMT Cuts DDR4 Prices by Half, Pressuring Korean Memory Giants
Chinese DRAM manufacturer CXMT is offering older-generation DDR4 memory chips at roughly half the market price, creating competitive pressur
koreaherald.com·4mo ago
Apple Competes with Nvidia for TSMC Chip Production Capacity Amid AI Boom
Apple is facing challenges securing sufficient chip production capacity from TSMC as Nvidia's AI chip demand surges, marking a shift in Appl
culpium.com·5mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.