Apple testing CXMT memory chips for Chinese devices

Apple tests CXMT memory chips, eyes White House approval

• Apple has tested memory chips from China's CXMT across product lines including iPhones and MacBooks and held early talks on supplying components for devices sold in China, according to people familiar with the matter.
• Federal rules prevent U.S. companies from transferring technology to CXMT, effectively stopping Apple from ordering custom chips while permitting off-the-shelf purchases and price negotiations.
• CXMT grew second-quarter revenue to more than eight times its year-ago level and took 7% of global DRAM market share by revenue, according to Counterpoint data.
• Some U.S. policymakers warn that orders from leading American companies could give CXMT access to American know-how and undercut U.S.-based Micron Technology.
• Apple is raising prices on products globally, blaming rising memory-chip costs from high demand by AI companies.