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The Economic Times

Global Business / The Economic Times

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Apple seeks US approval to buy chips from blacklisted Chinese company

Reports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Technologies, a Chinese firm currently banned by the Pentagon. This initiative aims to combat the financial burden caused by rising chip costs, a prevalent issue for various U.S. tech companies.

27 Jun 2026 8:59 am