Re: TSMC asked for 2023 price increase from Apple, Apple said no
<<Taiwan Semiconductor (NYSE:TSM) is slated to raise prices on its customers starting in 2023, but the company's largest, Apple (NASDAQ:AAPL), has reportedly told the global foundry no deal.
According to Chinese news outlet Economic Daily News, Taiwan Semiconductor (TSM) wanted to increase the price of the process for its 3 nm process by 3%, which may be used in the A17 chip in some of Apple's (AAPL) Mac computers and perhaps next year's iPhone. However, the tech giant refused and said no, the news outlet said, citing sources.>>
Love it!! I'm glad Apple/Tim Cook stood their ground! The U.S.'s economy has infected the global economy, which has resultantly been spinning way out of control. And that spin includes the quality of MANY products being degraded and their prices increased. I am fed up with shrunken quantities at rip-off prices!
A common example, look at the labeling on a purported half-gallon of ice-cream. Have its fluid ounces become fractionized/fewer? Does your favorite brand now contain increased gelatine . . . so the cream won't soften and melt as fast? How about the amount of overrun (air) beaten into the ice-cream?
Be on guard!!