U.S. Tech companies becoming increasingly reliant on Chinese chip companies blacklisted by the Pentagon

Image for article U.S. Tech companies becoming increasingly reliant on Chinese chip companies blacklisted by the Pentagon
News Source : Naturalnews.com

News Summary

  • The narrative that Western tech companies are victims of Chinese espionage or unfair trade practices is collapsing under the weight of simple economics.
  • According to a recent Wall Street Journal report, Apple is closer than ever to finalizing agreements with CXMT, a company the Pentagon has placed on a blacklist for alleged ties to the People’s Liberation Army.
  • The catalyst for this desperate pivot is the "unsustainable" pricing imposed by the memory "cartel," specifically SK Hynix, Samsung, Micron, and SanDisk.

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