Apple currently acquires NAND flash memory chips for its iPhones from Toshiba of Japan, Western Digital of the US, SK Hynix and Samsung Electronics of South Korea.
Yangtze Memory is an affiliate of state-supported tech conglomerate Tsinghua Unigroup. Yangtze Memory's key shareholders include China Integrated Circuit Industry Investment Fund, an investment vehicle in China's chip sector, Tsinghua Unigroup, and the local Hubei government.
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