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Apple seeks to buy memory chips from blacklisted Chinese company
Investor summaryNeutral
Apple is lobbying the US government to buy memory chips from blacklisted Chinese firm CXMT to ease cost pressures.
Bull points
- Apple is proactively seeking alternative suppliers to mitigate rising memory chip costs and protect profit margins.
- Sourcing from CXMT could offer significant cost advantages compared to current suppliers.
Bear points
- Rising memory chip prices are already exerting financial pressure on Apple's business.
- Purchasing from a Pentagon-blacklisted company poses severe regulatory and geopolitical risks.
AAPL半导体
Post body
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.
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