announces the conclusion of a multi-billion dollar deal for the supply of chips with the American manufacturer Broadcom. The company is to provide the components necessary for production using 5G technology. However, it is not only the size of the contract that is important, reaching a total of USD 430 billion with previous contracts, but also how much the contract hits . The decision was announced at a time when a real guerrilla war on the technology industry is taking place on the Washington-Beijing line.
There are also many indications that the iPhone manufacturer has not said its last word on moving away from Chinese components. “We will deepen our investment in the American economy because we have unwavering faith in America’s future,” Apple CEO Tim Cook wrote in a statement quoted by “”.
Apple orders chips in the US. It’s a blow to China
This is not the first time Apple has decided to diversify its supply chain. It also moves part of its production outside of China – to countries such as India and Vietnam. In 2022, information appeared that the production of the iPhone 14 would be transferred to the first country, which would be another blow aimed at China. The Cuperitino giant has also established a partnership with the Taiwanese chip manufacturer TSMC.
China is not in debt. A few days ago, they banned the use of Micron Technology chips in critical infrastructure systems. The official reason is security concerns. The same arguments were used by the Americans when they blocked Huawei and ZTE. The American company generated USD 30.8 billion last year. revenue, of which 10% the Chinese market. It is therefore not entirely clear whether the decision of the Chinese authorities will have a significant impact on the company’s finances.
China to take over German semiconductor factory
Most of Micron Technology’s customers, however, are manufacturers of consumer electronics – smartphones and computers – and not providers of critical infrastructure. Analysts point out that the company’s products are purchased by brands outside of China, which import them for the production of equipment.
The dispute over where the chips used in electronic devices come from also has its European version. Last autumn, the German authorities raised the alarm that the Chinese company wanted to take over the production of Elmos chips in Dortmund. Despite the warnings of the services, the government intended to approve the transaction, German media reported. The latest information from the Handelsblatt daily confirms that the transaction is to be completed. Olaf Scholz will probably not block the transaction and China will take over the German factory for a relatively small amount of EUR 85 million.
Source: Gazeta
Mabel is a talented author and journalist with a passion for all things technology. As an experienced writer for the 247 News Agency, she has established a reputation for her in-depth reporting and expert analysis on the latest developments in the tech industry.
