Apple Has Cancelled Its Deal With Ymtc Following Us Sanctions
The United States ratcheted tensions with Beijing by adding China’s largest memory chipmaker YMTC and 30 other Chinese organizations to a list of enterprises that United States inspectors have been unable to check. This started a 60-day clock that may trigger far worse sanctions. In addition, the United States Department of Commerce is looking into YMTC to see whether or not it violated Washington’s export rules when it sold semiconductors to the banned Chinese telecoms corporation Huawei Technologies Co Ltd....