Apple seeks US approval to buy memory chips from blacklisted CXMT (fortune.com)
0xBASE INTEL BRIEF
- Apple lobbying for approval to buy chips from blacklisted CXMT
- CXMT on Pentagon's 1260H list for alleged military links
- Apple raised prices due to memory chip shortage
"Apple is pressing the White House for approval to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese company on the Pentagon's 1260H list for alleged military ties. The iPhone maker wants guarantees CXMT won't be added to the Entity List, facing memory shortages that have driven it to raise prices on Macs, iPads, and other devices."
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