Here are your FOX Business Flash top headlines for March 30th.
The chip shortage is causing Apple to consider other suppliers, including China.
Apple is reviewing options for the chips that will go into iPhones, according to Bloomberg, as a production halt at a Japanese partner exposed risks to its global supply.
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Kioxia Holdings lost a batch of product in February due to contamination.
A list of the Apple iPhone on display. (AP Photo/Richard Drew, File/AP Newsroom)
Apple’s suppliers include Micron Technology and Samsung Electronics.
Samsung and SK Hynix are expected to fill the gap.
APPLE CEO TIM COOK CELEBRATES CODA’S HISTORIC OSCAR WINNING
The iPhone maker is testing sample NAND flash memory chips from Yangtze Memory Technologies, according to people familiar with the private consultations, who asked not to be identified.
Yangtze is owned by Beijing-backed chipmaker Tsinghua Unigroup.
After months of discussions, no final decision has yet been made.
| ticker | security | Last | To change | To change % |
|---|---|---|---|---|
| AAPL | APPLE INC. | 177.77 | -1.19 | -0.66% |
The Yangtze River tie could draw criticism given tensions between Washington and Beijing over China’s ambiguous stance on the Ukraine war and China’s technological growth.
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Yangtze Memory and Apple officials declined to comment to Bloomberg.