“It will be a while before TSMC actually gets anything from this deal, since Samsung will still be supplying chips to Apple for at least another year,” Patrizio writes. “It’s a windfall for TSMC and a painful hit for Samsung, no doubt about it. Mark Newman, an analyst at Sanford Bernstein in Hong Kong, estimates that Apple’s component orders from Samsung were set to hit around $10 billion last year. Who would want to give that kind of money to their mortal enemy?”
Patrizio writes, “Still, Tim, you couldn’t make a worse decision.”
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