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Feb. 14, 2018, 9:49 a.m. EST

Apple to consider Chinese NAND chipmaker: report

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By Emily Bary

Apple Inc. /zigman2/quotes/202934861/composite AAPL +1.45% may start buying NAND flash memory chips from a state-backed Chinese company, according to the Nikkei Asian Review , which wrote Wednesday that the two companies had been in talks. Were Apple to indeed bring on the company, Yanktze Memory Technologies, as a supplier, it would mark the first time the smartphone maker bought memory chips from a Chinese company, according to the report. Apple currently gets NAND chips from several providers, including Samsung Electronics Co. Ltd. /zigman2/quotes/209800866/delayed KR:005930 +0.67% , Toshiba Corp. /zigman2/quotes/205628942/delayed JP:6502 -1.33% , and Western Digital Corp. /zigman2/quotes/204213617/composite WDC +1.83% , the Nikkei Asian Review said, and the company might only start out with a small order from Yangtze if a deal is reached. Memory chips have become expensive over the last two years and Apple has already made a move to own part of a distributor. Shares of memory companies including Micron Technology Inc. /zigman2/quotes/205710729/composite MU +3.88% and Western Digital were down in Wednesday morning trading. Apple's stock is down 0.5% in Wednesday trading but up 22% over the past 12 months, compared with a 20% rise for the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.40% .

/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 323.62
+4.62 +1.45%
Volume: 23.44M
Feb. 19, 2020 4:00p
P/E Ratio
25.56
Dividend Yield
0.95%
Market Cap
$1395.78 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
60,200.00
+400.00 +0.67%
Volume: 12.95M
Feb. 19, 2020 3:30p
P/E Ratio
16.62
Dividend Yield
2.35%
Market Cap
₩406201.00 billion
Rev. per Employee
N/A
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/zigman2/quotes/205628942/delayed
JP : Japan: Tokyo
¥ 3,340.00
-45.00 -1.33%
Volume: 1.89M
Feb. 19, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
0.90%
Market Cap
¥1535.38 billion
Rev. per Employee
¥26.86M
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/zigman2/quotes/204213617/composite
US : U.S.: Nasdaq
$ 69.56
+1.25 +1.83%
Volume: 2.67M
Feb. 19, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
2.88%
Market Cap
$20.42 billion
Rev. per Employee
$270,824
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/zigman2/quotes/205710729/composite
US : U.S.: Nasdaq
$ 59.99
+2.24 +3.88%
Volume: 23.27M
Feb. 19, 2020 4:00p
P/E Ratio
19.46
Dividend Yield
N/A
Market Cap
$64.15 billion
Rev. per Employee
$832,917
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
29,348.03
+115.84 +0.40%
Volume: 242.65M
Feb. 19, 2020 5:05p
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