Apple suspends plans to purchase Chinese memory chips following US export controls
Washington adds YMTC and 30 other Chinese firms to the “unverified” list
Apple halted plans to purchase 128-layer 3D NAND flash memory chips from Yangtze Memory Technologies (YMTC) for use in iPhones Tuesday when Washington added YMTC and 30 other Chinese entities to its list of “unverified” companies.
Apple had intended to purchase 3D NAND flash memory chips from the Chinese state-owned company, and eventually had plans to purchase 40% of the chips required for all iPhones.
However, after going through a months-long process to obtain the memory certificate, Washington added the YMTC, among others, to its “unverified” list, preventing US companies from doing business with it in any way unless they have a license.
Controls on Chinese companies that fail to provide information within 60 days have put Beijing under great pressure.
Failure to provide necessary information to the United States places them under investigation and on the criminal record list. YMTC is under investigation for violating export controls by selling chips to Huawei, which is already on the waiting list, Nikkei Asia reports.
The export controls imposed by the Biden administration are aimed at curbing China’s technological and military advances by cutting off supplies to Beijing of some semiconductor chips made from American equipment.
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