Apple is seeking approval from the Trump administration to purchase memory chips from ChangXin Memory Technologies, a Chinese company that has been blacklisted by the Pentagon.
The company, which is China’s top memory chipmaker, was designated as a Chinese military company by the Defense Department under the Biden administration. As a result, U.S. companies are prohibited from shipping goods, software, and technology to ChangXin without a license, which is likely to be denied.
Background
Apple has been lobbying the White House for approval to ease financial pressure on the company due to rising memory chip prices. The company has approached the Commerce Department and engaged with other administration officials and allies in Washington.
On Thursday, Apple raised the prices of its iPad and MacBook products, citing the increasing costs of memory and storage chips driven by the AI industry’s data center buildout.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
