TSMC raising prices, iPhone pricing may get hit through ‘iPhone 14’

The cost of the iPhone could grow for future models, after chip partner TSMC raised its production fees for making processors and other semiconductors.

Reports of price rises by Taiwan Semiconductor Manufacturing Co surfaced on August 25, with claims it informed clients including Apple of price hikes. On Monday, a second report said that the changes have been implemented by TSMC.TSMC has been relatively slow to increase its prices versus its rivals, which have gradually raised the cost of chip production since Q4 2020 due to the global semiconductor crisis. According to Nikkei Asia, the change has been one of the biggest for the company in some time.

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