Apple freezes plans to use China's YMTC chips - Nikkei
U.S. tech giant Apple Inc (US.AAPL) has put on hold plans to use memory chips from China's Yangtze Memory Technologies Co (YMTC) in its products, after Washington imposed tighter export controls against Chinese technology companies, the Nikkei reported on Monday.
Apple had originally planned to start using state-funded YMTC's NAND flash memory chips as early as this year, Nikkei said, citing people familiar with the matter. The chips were initially planned to be used only for iPhones sold in the Chinese market.It was considering eventually purchasing up to 40% of the chips needed for all iPhones from YMTC, the newspaper said.