Apple Unsuccessfully Tried to Purchase Exclusive Access to TSMC Chip Production for iOS Devices

MacRumors writes, Bloomberg reports that Apple and Qualcomm each put forth investment bids topping $1 billion in attempting to secure exclusive access to chip supplies from Taiwan Semiconductor Manufacturing Company (TSMC), but the bids were declined as TSMC has sought to retain flexibility for its production. While Apple's effort has so far been unsuccessful, it does appear to be part of the company's continuing strategy to lessen its dependence on Samsung for components in its mobile devices. The two companies are trying to satisfy booming demand for smartphones, a market estimated by to be worth...

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