What Happened
Tech Giant Lobbies Trump Administration for Clearance
Apple is lobbying the Trump administration for clearance to purchase memory chips from CXMT, a Chinese company blacklisted by the Pentagon due to alleged connections to the People’s Liberation Army. The move is aimed at easing the financial pressure on the company resulting from the global memory supply shortage and rising chip prices. Apple recently increased the cost of several products, including Macs and iPads, citing increased memory and storage chip prices. According to The Financial Times, Apple contacted the commerce department a month ago and has since expanded its lobbying efforts to gain clearance, as reported by 9to5Mac.