Apple seeks to buy blacklisted Chinese chips after economic pressure mounts: Secret lobbying with Trump administration!
Apple seeks to buy blacklisted Chinese chips after economic pressure mounts: Secret lobbying with Trump administration! It has been revealed that American technology company Apple has been lobbying the Trump administration to buy chips from a Chinese company that the government has blacklisted. The US Department of Defense (Pentagon) is lobbying the Trump administration to get permission to buy memory chips from Changxin Memory Technologies (CXMT), a Chinese company that the US Department of Defense has blacklisted for alleged ties to the Chinese military, according to a report in the Financial Times . Citing six sources familiar with the matter, the Financial Times said that Apple has sought such permission from the US government to ease financial pressure after memory chip prices continued to rise. According to one source, Apple first contacted the US Commerce Department a month ago for permission to buy chips from a blacklisted Chinese company. Since then, the company has been ...