Apple memory supply chain and pricing crisis
The developments in this story so far, most recent first.
-
· date approximate Development
TSMC Reportedly Sitting On $1 Billion Worth Of Apple A20 Pro SoCs, Semiconductor Giant Can’t Move To Next Stage Before Adequate DRAM Supply Arrives
No separate article for this desk or language yet.
-
· date approximate Development
Apple Says Memory Price Surge May Be Permanent
-
· date approximate Background
The Financial Times reported that Apple began testing CXMT DRAM for devices sold in China.
In July, reports indicated that Apple has begun testing DRAM from CXMT for devices intended for sale in China. As part of this effort, the company is lobbying Washington for clearance to use these components more broadly.
This development follows attempts by Apple to obtain US government approval to work with Chinese memory suppliers, including CXMT and YMTC.
-
· date approximate Background
CXMT was listed on Shanghai's STAR Market.
CXMT was listed on Shanghai's STAR Market in July. This follows reports that the company serves as a fourth available memory supplier for Apple.
-
· date approximate Background
Apple's consolidated financial statements for the quarter ended June 27 showed a significant increase in inventories.
Apple's consolidated financial statements for the quarter ended June 27 showed inventories at $11.09 billion, representing an 87% increase year over year.
Over the nine months ending June 27, the company consumed $5.46 billion in cash to build its inventory position. This reflected a shift from the previous year, during which there was a $1.22 billion release in the same period.