Demand for Smartphones is Slowing, Says Apple Supplier TSMC

Demand for consumer electronics like smartphones and PCs is slowing due to continued geopolitical uncertainties and new COVID-related lockdowns in China, according to TSMC Chairman Mark Liu.

TSMC, or Taiwan Semiconductor Manufacturing Company, is one of Apple's main suppliers, responsible for the A-series and M-series chips that go in Apple devices. Liu's comments were delivered at the Taiwan Semiconductor Industry Association and were shared by Nikkei.
Customer interest in smartphones is falling in China specifically, with Liu also warning about the rising cost of components and materials. Production costs are going up for chip companies, and Liu believes the "pressure ...

This article is republished from forbesindia.com under a Creative Commons license. Read the original article.

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