Apple is staking a lot of its political capital in Washington on securing memory resources from China in a puzzling move that does not make much sense, especially for its gargantuan ex-China market. Apple appears to be going to a lot of trouble to lure the DRAM giant CXMT and flash memory behemoth YMTC into its China-focused supply chain As CXMT and YMTC move toward public listings and fundraising, they are expected to gain more capital to expand capacity and may use pricing competition to capture global market share. Meanwhile, YMTC is reportedly said to have completed Apple’s supply-chain qualification…



