Apple in Talks for First Order From Chinese Chipmaker: Report

technicalstudio | February 14, 2018 | 0 | Tech News

Apple is in talks to buy storage chips from Yangtze Memory Technologies, a move that would mark the iPhone maker’s first buy from a Chinese memory chipmaker, the Nikkei reported on Wednesday.

Apple will use these chips in new iPhone models and other products for sale in the Chinese domestic market specifically, the Nikkei reported, citing two people familiar with the matter.

Both Apple and Yangtze Memory did not immediately respond to requests for comment.

Apple CEO Tim Cook earlier this week downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion (roughly Rs.

This article was sourced from Gadgets360

Related Posts

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.