Apple is reportedly lobbying the White House to allow it to purchase memory chips from a Chinese company, ChangXin Memory Technologies (CXMT), which is on a Pentagon blacklist. This move comes as soaring chip costs pressure Apple, despite concerns from US lawmakers about aiding Chinese technological advancement. The tech giant faces a dilemma between financial relief and national security restrictions. Apple is reportedly lobbying the White House to allow it to purchase memory chips from a Chinese company, ChangXin Memory Technologies (CXMT), which is on a Pentagon blacklist. This move comes as soaring chip costs pressure Apple, despite concerns from US lawmakers about aiding Chinese technological advancement. The tech giant faces a dilemma between financial relief and national security restrictions.
Trending
- ‘Youth facing unprecedented crisis’: Rahul Gandhi writes to party leaders, urges nationwide push for ‘Chhatron Ki Goonj’ campaign
- ‘Committed to ensuring fair probe’: Ram Mandir Trust confirms Champat Rai’s resignation, says donations are safe
- ‘Resign or join them’: Raj Thackeray to top IPS officer over RSS praise
- UAE expands visa-on-arrival to 6 more countries, offering eligible travellers up to 60-day stay
- ‘Betrayal of Hindus by BJP’: Uddhav Thackeray on Ram Temple donation ‘theft’
- ‘Do not need validation’: PoK ‘PM’ mocks Pak defence minister over ‘not proper Kashmiris’ remark
- Eye on Pakistan & China: Anti-submarine Eurodrone spurs India’s layered maritime defence push
- Red Fort car blast case: NIA files chargesheets against 3 more accused