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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%4:00 PM EST

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To: TobagoJack who wrote (191585)9/9/2022 7:47:37 PM
From: Julius Wong  Read Replies (1) of 217544
 
Apple (AAPL) has been warned by Republican lawmakers that it will face additional scrutiny from Congress if the tech giant obtains memory chips from Yangtze Memory Technologies for the iPhone.

Senator Marco Rubio, the vice chair of the Senate intelligence committee and Michael McCaul, a Representative from Texas on the foreign affairs committee, were surprised when they saw media reports that Apple (AAPL) was looking at obtaining chips from Yangtze Memory Technologies for the iPhone.

"Apple is playing with fire,” Rubio said in an interview with the Financial Times. "It knows the security risks posed by YMTC. If it moves forward, it will be subject to scrutiny like it has never seen from the federal government. We cannot allow Chinese companies beholden to the Communist party into our telecommunications networks and millions of Americans’ iPhones."

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