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Apple Seeks Approval to Buy Chips from Blacklisted Chinese Company

March 19, 2023

2 min read

Key Takeaways

Apple seeks approval to buy chips from ChangXin Memory Technologies.
CXMT is on a Pentagon blacklist.
Apple lobbied the White House for approval due to rising memory chip prices.
CXMT was designated as a Chinese military company.

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Strategic Implications

This move may indicate Apple's growing concern about supply chain disruptions and rising costs. The company's lobbying efforts could suggest a shift in the tech industry's approach to dealing with national security restrictions on Chinese chipmakers, which may have broader implications for the global semiconductor market.

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What Happened

Tech Giant Lobbies Trump Administration for Clearance Amid Rising Costs

Apple is reportedly seeking approval from the Trump administration to buy memory chips from ChangXin Memory Technologies, a Chinese company blacklisted by the Pentagon. The move comes as Apple faces rising memory chip prices, which have led to increased costs for the company. According to the Financial Times, Apple has lobbied the White House for clearance, citing the need to ease financial pressure. The company’s efforts underscore the challenges faced by US tech companies in navigating national security restrictions on Chinese chipmakers. This development was first reported by Reuters.

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