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Apple tests CXMT memory chips for iPhones and MacBooks amid shortage
Fox Business • • business
Key Points:
- Apple is testing memory chips from Chinese manufacturer CXMT for use in iPhones and MacBooks, aiming to address global memory chip shortages.
- The company has held early discussions with CXMT about supplying chips for devices sold in China, pending approval from the White House due to U.S. restrictions on technology transfers to Chinese firms.
- U.S. rules allow Apple to buy off-the-shelf CXMT chips but prohibit ordering custom-designed chips, which may require Apple to redesign products for the Chinese market if the deal proceeds.
- CXMT, China’s largest chipmaker by market value and a fast-growing DRAM supplier, is prioritizing domestic companies and plans to more than double production capacity by 2028 amid maxed-out current output.
- Apple has raised product prices globally, citing rising memory chip costs driven by demand from AI companies, while other laptop makers like HP and Acer are also securing limited chip supplies.
