r/stocks
Apple seeks to buy memory chips from blacklisted Chinese company
Apple is lobbying the US government to buy memory chips from blacklisted Chinese firm CXMT to ease cost pressures.
- Attempting to secure alternative memory chip suppliers to control costs.
- Experiencing financial strain due to rising memory chip prices.
- Facing potential regulatory and geopolitical backlash for sourcing from a Pentagon-blacklisted Chinese firm.
Apple is lobbying the Trump administration for clearance to buy memory chips from CXMT, a Chinese company that the Pentagon has put on a blacklist because of alleged connections to the People’s Liberation Army, according to six people familiar with the matter. The iPhone maker has waged a lobbying campaign to get the blessing from the White House to help ease the financial pressure on the company from the rise in memory chip prices. One person said Apple approached the commerce department more than a month ago, but the tech company has been targeting other officials across the administration and allies in Washington. Apple is not barred from buying chips from CXMT, or YMTC, another Chinese memory chipmaker. But the Pentagon has put both companies on its Chinese Military Company blacklist. The so-called 1260H list contains dozens of Chinese groups with alleged ties to the PLA that undermine US national security
https://www.ft.com/content/d72a25e2-7bde-4aa9-bd8d-0c4f3d6cb2cb?syn-25a6b1a6=1
What large Chinese companies do not have connections to the PLA? Sounds like a calculus question.
Answer to that question is that if you got big enough in China, CCP will send their officials in to “corporate “ with you. Just deepseek used to be a nobody.
Tariff on tariff off
Blacklist on blacklist off
Is it Tuesday morning or Friday after hours
Math... Math never changes.
Not if he asks for a bribe big enough . Tim apple has billions to offer
Yea. This feels like when they are outsourcing labor. Americans too expensive to hire go to China or another Asian company to get cheap labor. Now they trying to do this to memory.
Trump is long Micron so I dont see him doing this.
“Ain’t no bribe big enough…” “Ain’t no Qatari airplanes cushy enough…” “Ain’t no Israeli kickbacks large enough”
“Apple is not barred from buying chips from CXMT, or YMTC, another Chinese memory chipmaker.”
Why do they need clearance then?
Think they wouldn’t be able to sell devices to the government if they used those Chinese components.
Did MU ceo said Tim deliberately press the price memory chip down to an extremes level before and MU can’t expand due to that?
he did, said apple still maintaining margins after price hike
This is not the same news, the one you posted is not about lobbying at all?
...so you don't understand.
The article talks about a piece of hardware in addition to compromised RAM that allows an existing user/someone with access to system to defeat encryption at boot.
Nothing to do with bad RAM creating backdoors.
And in a few years there will be only chinese memory makers because of greed.