Business · 5h ago
TSMC Chip Price Hike Adds Pressure to Apple's Rising Device Costs
TSMC is raising chipmaking prices, compounding Apple's already increased product costs due to high memory prices. iPhone price hikes are expected with the September launch, and analysts believe the increases will be permanent. This latest cost pressure could force further consumer price rises.
Meridian48 take
Apple's claim of working to address costs rings hollow as its key supplier raises prices, making permanent price hikes all but certain.
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