Apple has reportedly rejected TSMC chip price hike

A new report claims that Apple has rejected iPhone processor manufacturer TSMC's plan to raise its chip manufacture prices by around 6%.The Taiwan Semiconductor Manufacturing Co was first rumored in August 2022 to be planning an increase, and then shortly afterwards it formally told its customers that the price rise would take place in 2023.Now according to Economic Daily News, it is rumored that Apple has simply rejected the price increase. Apple is TSMC's largest customer, so it is likely that it would be able to have some influence. Read more...