Apple wants US approval to buy chips from CXMT as memory prices quadruple

TL;DR

Apple is lobbying the US government for approval to buy memory chips from CXMT, which sits on the Pentagon’s military blacklist.

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 discussions told the FT that Apple first approached the Commerce Department more than a month ago.

Apple is not currently barred from buying CXMT chips. The company appears on the Pentagon’s so-called 1260H list, a designation that carries reputational risk and restricts Defence Department contracting but does not impose the kind of trade restrictions that would prevent a private company from doing business with it. What Apple is seeking, according to the FT,...

Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE