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Apple (AAPL), which had recently been evaluating CXMT (688825 CN) as a new supply-chain source in a bid to cut costs, is understood to be struggling in negotiations to secure further price reductions, Korean press reports

StockNow breaking-news AI analysis

Apple’s strategy to reduce DRAM costs via CXMT has stalled as the supplier rejects price cuts, citing strong demand and tightening global memory capacity.

News detail

CXMT held firm at prices equal to or higher than those quoted by Samsung Electronics (005930 KS) and SK Hynix (000660 KS).

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