Apple seeks to buy Chinese-made memory chips by lobbying US

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

Apple reportedly lobbies US for approval to source DRAM from China’s CXMT

According to sources, Apple is reportedly lobbying the US government for approval to purchase DRAM chips from Chinese memory manufacturer ChangXin Memory Technologies (CXMT). Apple has been in discussions with the White House in an effort to secure permission to source DRAM from CXMT, aiming to ease financial pressure caused by continuously rising memory procurement []

Why Micron Stock Just Dropped

Are cheap Chinese chips coming to steal Micron's market share -- and profits?

Why Apple wants Chinese memory it can't use

When Apple raised MacBook and iPad prices by up to 20 percent last month, wiping 263 billion off its market value in a day, it blamed unsustainable memory prices. Then it went to Washington to ask permission to buy DRAM from a Chinese company sitting on a Pentagon blacklist. Kim Yang-paeng, a semiconductor researcher at the state-run Korea Institute for Industrial Economics and Trade, does not think Apple actually wants to buy these chips. He thinks it wants to be seen trying. From the consu

In China’s electronics hub, a memory chip crisis is hitting consumers hard

For Cai, a trader in Shenzhen’s vast Huaqiangbei electronics hub, the business of assembling computers for gamers and corporate clients has suddenly become dramatically more expensive. The price of memory products in Huaqiangbei has tripled over the past year amid the global artificial intelligence boom – and the spike has hit the world’s largest wholesale electronics market hard. “Right now, memory and SSDs are the biggest cost drivers in a personal computer build,” Cai said, referring to...