Apple Supplier TSMC Rethinks 1Nm Chip Plant Location Amidst Residents' Opposition
Portfolio Pulse from Benzinga Neuro
Taiwan Semiconductor Manufacturing Company (TSMC), a key supplier for Apple Inc., is reconsidering the location for its upcoming 1nm chip factory due to opposition from local residents. The company is exploring alternate sites within Taiwan. This comes amidst TSMC's growing confidence in Japan, where it plans to start chip production in 2024. TSMC recently faced a 13.4% on-year drop in September sales, part of a larger trend affecting Apple and its key suppliers.
October 18, 2023 | 9:13 am
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Apple's key supplier TSMC is reconsidering the location for its 1nm chip factory, which could potentially impact Apple's supply chain. TSMC's recent sales drop is part of a larger trend affecting Apple and its key suppliers.
TSMC is a key supplier for Apple, and any changes in TSMC's operations could potentially impact Apple's supply chain. The recent drop in TSMC's sales, which is part of a larger trend affecting Apple and its key suppliers, could also have negative implications for Apple.
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