Apple backtracks as TSMC tells it pay up or else

@ 2022/10/06
Karma

After a few decades of telling suppliers how much it will pay, and punishing them if they did not obey, the fruity cargo cult Apple has been forced by TSMC to pay a chip price it did not set.

TSMC said that it was going to have to jack up the prices of its chips because of increased supply chain costs and the chip shortage but Apple said that did not apply to it. TSMC said, er yes it did, and Apple threw its toys out of the pram. What follows is what we think happened.

Earlier this week it said “fine we will find other friends to make our chips and then you will suffer because you have no customers and smell of Nintendo.”

TSMC then did the unexpected and said “Fine, we have enough customers… we think you need to understand that there is a chip shortage, now go to your room and think about it.”

According to the Economic Times, Apple sulked in its bedroom for a bit, and wondered what Steve Jobs would have done before accepting the increase in prices which it will apply next year.

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