Apple pressures Trump administration to approve chip purchases from blacklisted Chinese manufacturer CXMT
By
Daniela Ginzburg
Summary
Apple is pressuring the Trump administration to approve chip purchases from Chinese manufacturer CXMT (ChangXin Memory Technologies), which the Pentagon has blacklisted over alleged ties to the Chinese military. This comes shortly after Apple CEO Tim Cook announced price increases across most products, blaming rising memory chip costs. The situation highlights the tension between Apple's supply chain needs and US-China geopolitical tensions, as the company seeks to secure cheaper memory chips from a sanctioned Chinese supplier to offset cost pressures.
Source
bskyApple pressures Trump administration to approve chip purchases from blacklisted Chinese manufacturer CXMTynetnews.comKey quotes
· 3 pulledAccording to a Financial Times investigation published Saturday, the tech giant has been applying heavy pressure on the Trump administration in recent weeks to secure approval to buy chips from Chinese manufacturer CXMT
About a week after outgoing Apple CEO Tim Cook announced price increases for most of the company's products and blamed the surge in memory chip prices, it turns out Apple is already looking for a solution — and it runs through China.
CXMT, short for ChangXin Memory Technologies, which the Pentagon placed on a blacklist because of its alleged ties to the Chinese military
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