Apple urges Trump to blacklist Chinese chips

The Financial Times reported that Apple is pressuring the White House to obtain permission to purchase memory chips from the Chinese company "CXMT," which is on the US blacklist, in order to reduce the financial pressures caused by the rising cost of chips. The company is trying to compensate for the increased manufacturing component costs, especially amid US restrictions on Chinese companies operating in the chip sector, after the US Department of Defense classified the company as military, thereby prohibiting exports to it without a license. These efforts come amid rising prices for Apple products such as iPads and MacBooks, driven by the increased cost of chips.

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