Apple ‘in negotiations’ with two banned Chinese RAM firms after price increases
Key Points:
- Apple is seeking to purchase RAM from two Chinese semiconductor companies, ChangXin Memory Technologies Inc. (CXMT) and Yangtze Memory Technologies Co. (YMTC), both of which are on a Pentagon blacklist.
- The company is lobbying the U.S. government, specifically the Trump administration, for permission to add these Chinese firms as memory chip suppliers.
- This move aims to address a global memory chip shortage that has forced Apple to raise prices on products like Macs and iPads.
- Apple has not yet increased iPhone prices but is expected to introduce new, more expensive models in September.
- The negotiations reflect Apple's effort to manage rising component costs while maintaining profit margins amid supply chain challenges.