Apple Eyes Partnership with Chinese Chipmaker CXMT Amid Rising Memory Costs

Apple is exploring a potential partnership with Chinese chipmaker CXMT as it seeks to address escalating memory component prices.

The tech giant has begun testing CXMT's memory chips, but any supply agreement would require White House clearance due to U.S. export restrictions.

CXMT, which recently completed its listing on the Shanghai stock exchange, is mainland China's highest-valued publicly traded enterprise.

However, Apple's options are limited to purchasing standard CXMT products and negotiating prices, as it cannot transfer technology to the company due to export regulations.

CXMT has reached maximum production capacity for the current year, leaving minimal availability for additional international clients.