toggle

AAPL Stock: 122.99 ( -0.39 )

Printed from http://www.macnn.com

Apple, Qualcomm said to have bid for TSMC chip access

updated 01:37 am EDT, Wed August 29, 2012

Bids cracked $1 billion mark, report says

Apple and Qualcomm each recently made investment bids in excess of $1 billion trying to get exclusive access to chip supplies from Taiwan Semiconductor Manufacturing Company, according to Bloomberg. The bids were reportedly shot down because TSMC wanted to maintain flexibility in production. Qualcomm is thought to have been interested because chip shortages are limiting its earnings; Apple may have wanted a deal to reduce its dependence on Samsung.

TSMC has suggested that it may be willing to dedicate one or two factories to a single customer, but there has been no word on which companies if any are exploring the option. Apple could be a strong candidate, not only because of its desire to move away from Samsung but because it has extreme supply requirements, particularly in the run-up to the launch of a flagship product like an iPhone or iPad. Often a full month or more of manufacturing is needed to ensure enough units are ready for launch day.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented