$SK hynix(SKHY)$ $SanDisk Corp.(SNDK)$ $Invesco QQQ(QQQ)$ $Apple(AAPL)$ $Micron Technology(MU)$ If Micron, SK Hynix, and Samsung could offload Apple onto CXMT, it would be a net positive for them right now, and likely for the next 10 years.
Not only could they escape that low-margin business, they could pass that buck onto CXMT and tie up CXMT for quite some time.
Apple's testing of CXMT is really more a matter of whether Apple can survive such a transition for its China sales. CXMT memory is inferior to all the other brands in many ways. Xiaomi now has the cutting-edge phone that Apple should have.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
