Apple testing China's CXMT memory chips for iPhones and MacBooks: report

Apple held early talks with CXMT, China’s largest chipmaker by market value, about supplying components for some devices sold in China, according to people familiar with the matter. The report signals potential China-focused sourcing progress, but provides no deal size or timing, limiting near-term earnings or valuation impact.

Analysis

Apple held early talks with CXMT, China’s largest chipmaker by market value, about supplying components for some devices sold in China, according to people familiar with the matter. The report signals potential China-focused sourcing progress, but provides no deal size or timing, limiting near-term earnings or valuation impact.