Apple Lobbies US Government for Approval to Source Chips from Blacklisted Chinese Manufacturer Longsys
Apple Inc. is actively lobbying the Trump administration for approval to purchase memory chips from Longsys, a Chinese manufacturer currently blacklisted by the U.S. military. This strategic move aims to mitigate financial pressures from soaring memory chip prices, exacerbated by the ongoing AI boom, which have already led to price increases for Apple's iPads and MacBooks.
Want more?
Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.