📰 News ⏱ 2 min

Apple Talks With China’s Largest Chipmaker About Using Their Memory Chips

Apple has begun early negotiations with CXMT, China’s biggest chipmaker by market value.

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Key Points

3 points

Early talks were held between Apple and CXMT regarding component supply.

CXMT is the leading Chinese chipmaker in terms of market valuation.

Potential use of CXMT memory chips in iPhones and MacBooks sold in China.

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CXMT produces memory chips that store data for electronic devices such as iPhones and MacBooks.

Apple aims to incorporate these chips into certain devices sold in the Chinese market.

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5 words

chipmaker

a company that makes computer parts called chips

memory chip

a tiny part that keeps information for phones and computers

component

a piece that is part of a larger device

market valuation

the amount of money people think a company is worth

negotiations

talks where people try to agree on a plan

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