"Apple has depended on Taiwan-based TSMC to build the chips that power iPhones and Macs for over 10 years. CEO Tim Cook stated that chip shortages are constraining growth for products like the Mac mini and iPhone 17 Pro, indicating a need for more flexibility in the supply chain."
"Apple's strategy includes having at least two suppliers for any critical part, which provides better pricing and backup options. The concentration of 60% of chip production in one location is viewed as a risky strategic position, especially given the geopolitical tensions surrounding Taiwan."
Apple has relied on TSMC in Taiwan for chip production for over a decade but is now exploring options with Intel and Samsung in the US. CEO Tim Cook noted that chip shortages are limiting growth for products like the Mac mini and iPhone 17 Pro. Apple prefers multiple suppliers for critical components to ensure better pricing and backup options. The geopolitical situation in Taiwan, with China claiming the territory, raises concerns about having a significant portion of chip production concentrated in one location.
Read at Entrepreneur
Unable to calculate read time
Collection
[
|
...
]