Summary
CXMT makes memory chips that help phones and laptops store information.
Apple is looking at using these chips for iPhones and MacBooks sold in China.
Key Points
3 points1
Apple held early discussions with CXMT about supplying memory chips.
2
CXMT is the largest chip company in China by market value.
3
The goal is to use these chips in some iPhones and MacBooks sold in China.
New Words to Learn
3 wordschipmaker
a company that builds tiny computer parts
memory chip
a small part that saves data for phones and computers
market value
how much a company is worth
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