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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.

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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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