Apple Is Reportedly Looking To Buy Chips From A US-Blacklisted Chinese Company
'The Financial Times' says Apple is seeking clearance from the Trump administration.
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Apple is trying to get the Trump administration's permission to buy memory chips from a blacklisted Chinese company, according to the Financial Times. Specifically, Apple is reportedly looking to buy from Chinese memory chipmaker CXMT, which was recently added to the Pentagon's 1260H list of companies. The Defense Department adds companies it believes are linked to the Chinese People's Liberation Army to that particular list.
While Apple is technically not prohibited from doing business with CXMT, it could face repercussions from the US government if it doesn't get the White House's blessing. The Defense Department cannot can't sign contracts with any companies in the list or use their products or services through third parties. Apple first approached the commerce department about this a month ago, the Timessays, and it's also talking to its connections...
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