Another Apple chip supplier price hike could be bad news for consumers
(iMore iPhone)

Multiple reports indicate TSMC will raise prices by some 5%-8% beginning in 2023. What you need to know Apple`s main chip supplier TSMC is planning a price hike. According to reports it will increase prices by 5%-8% beginning in 2023. It comes less than a year after a massive 20% increase in 2021 and could be bad news for the prices of your favorite Apple products. Apple`s main chip supplier is planning a price hike that will take effect from 2023, less than a year after a major 2021 increase, according to reports. From Nikkei Asia: Taiwan Semiconductor Manufacturing Co. has warned clients for the second time in less than a year that it plans to raise prices, citing looming inflation concerns, rising costs and its own massive expansion plans to help alleviate a global supply crunch, people briefed on the matter told Nikkei Asia. Nikkei cites six people with knowledge of the matter who say prices will rise by `single-digit percentages` of between 5%-8%, with one stating ...