Who Turns Down Business From Apple?

Taiwan Semiconductor Manufacturing, the largest third-party contract manufacturer in the world, has reportedly declined offers from both Apple and Qualcomm, who were looking for exclusive capacity to meet demand for their own products. Rumors of Apple tapping Taiwan Semiconductor have persisted for years, with nothing materializing. The iPhone maker could potentially be interested in using Taiwan Semi to produce its custom mobile processors for future iDevices, which would displace its current supplier, Samsung.

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Andrew Tonner owns shares of Apple. Evan Niu owns shares of Qualcomm and Apple. The Motley Fool owns shares of Apple and Qualcomm. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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