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Apple Faces Regulatory Heat For Procuring iPhone 14 Chips From Controversial Chinese Chipmaker

September 10, 2022
Source: yahoo.com yahoo.com
News Snapshot:
Republican lawmakers warned Apple Inc (NASDAQ: AAPL ) against intense scrutiny lest it procured memory chips from controversial Chinese semiconductor manufacturer Yangtze Memory Technologies Co for the new iPhone 14, the Financial Times reports . The lawmakers expressed alarm at reports suggesting Apple would add the Yangtze to its list of suppliers for Nand flash memory chips meant for storing data on smartphones. Apple acknowledged not using YMTC chips in products and evaluated sourcing from YMTC for Nand chips for some iPhones sold in China. The lawmakers argued that YMTC has extensive ties to the Chinese Communist party and military...
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Tags: AAPL | Amazon | Apple | Beijing | China | Chinese | Coffee | communism | communist | Covid-19 | export | Exports | finance | Huawei | investment | iPhone | manufacturer | military | Russia | semiconductor | sourcing | Starbucks | stock market | stocks | Yangtze

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