Apple seeks Trump approval for blacklisted CXMT chips (opens in new tab)

Apple is seeking clearance from President Trump’s administration to buy memory chips from ChangXin Memory Technologies, the Chinese memory maker known as CXMT, as rising memory prices pressure its hardware costs. The Financial Times said Apple first contacted the Commerce Department more than a month ago and then approached other administration officials and allies in Washington to seek approval for the purchases. CXMT is China’s largest DRAM manufacturer and appears on the Pentagon’s 1260H l...