Apple seeks US approval to buy chips from blacklisted Chinese company

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Synopsis 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. Apple is lobbying the Trump administration for clearance to buy memory chips from ChangXin Memory Technologies, a Chinese company the ?Pentagon has ?put ?on a blacklist, the Financial Times reported on Friday. The iPhone maker ?has lobbied the White House for approval aimed at easing financial pressure…

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