Roslyn Layton
Apple is reported to start shipping iPhones in May with flash memory chips, a critical element for data storage, produced by Yangtze Memory Technologies (YMTC). The People’s Republic of China (PRC) owns YMTC, cleverly channels some $200 billion in subsidies to it to avoid World Trade Organization tripwires, and manages the entity with leaders sourced from the country’s military modernization effort. YMTC’s partnership with Apple raises security, privacy, and supply chain concerns. Apple did not return request for comment.
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