Apple Lobbies Biden Administration to Source Memory Chips from Blacklisted Chinese Firm CXMT
By
Souvik Banerjee
Summary
Apple is lobbying the Biden administration to allow collaboration with ChangXin Memory Technologies (CXMT), a Chinese memory chip maker blacklisted by the U.S. government. Facing a critical shortage of memory chips and surging prices, Apple seeks permission to source chips from CXMT to diversify its supply chain. The move has sparked debate over the balance between tech collaboration and national security risks, as CXMT is under U.S. trade restrictions due to its ties to China's semiconductor industry.
Source
bskyApple Lobbies Biden Administration to Source Memory Chips from Blacklisted Chinese Firm CXMTrswebsols.comKey quotes
· 3 pulledApple is lobbying the Trump administration for permission to procure memory chips from CXMT, a top-tier Chinese memory chip maker.
Amidst a critical shortage of memory chips and an alarming surge in prices, Apple reportedly aims to persuade the White House to permit collaboration with a blacklisted Chinese firm.
The ongoing restrictions imposed by the U.S. government on Chinese enterprises are increasingly impacting major American corporations, notably Apple.
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