TSMC told its customers (like Apple and Nvidia) that it plans to increase the prices of 8-inch wafers by 6% and the prices of 12-inch wafers by 5%. At first, it was rumored that Apple had told the Taiwanese semiconductor maker that it would not accept the price hike. But today’s news shows that Apple will continue to pay the new price set by TSMC.

Recall that Apple is one of the main customers of TSMC, the company supplies chips for devices such as iPhone, iPad and Mac. Given the large number of orders Apple places each year, it’s easier for the company to negotiate a discount. However, some price increase is inevitable due to the current economic situation in the world.

The Economic Daily News states that although the demand for smartphones, computers and tablets has decreased this year, the chip shortage still affects the entire industry.

Source: Ferra

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