Apple Said to Lobby Trump Administration to Buy Memory Chips From China's CXMT

Apple is lobbying the Trump administration for approval to purchase memory chips from Chinese chipmaker ChangXin Memory Technologies (CXMT) to ease financial pressure from rising memory-chip prices, according to Ming Pao, citing the Financial Times and six sources. CXMT has been accused by the U.S. Department of Defense of links to the Chinese People's Liberation Army and has been placed on a blacklist.