Tech giant Apple Inc has put a hold on its plans to use memory chips from China’s Yangtze Memory Technologies Co (YMTC) in its products, after Washington imposed stern export controls against Chinese tech companies.
Apple had originally planned to start using YMTC’s NAND flash memory chips only for iPhones sold in the Chinese market. It was considering eventually purchasing up to 40% of the chips needed for all iPhones from YMTC.
Earlier this month, Washington added YMTC and 30 other Chinese entities to an “Unverified” list of companies that U.S. officials have been unable to inspect. U.S. companies are prohibited from sharing any design, technologies, documents or specifications to companies on the Unverified List without a license.
YMTC is also being investigated by the U.S. Commerce Department over the allegations of violating Washington’s export controls by selling chips to blacklisted Chinese telecommunications company Huawei Technologies Co Ltd.
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