Less dependence on Apple: TSMC is looking for new business areas

TSMC is largely responsible for Apple’s success as a chip developer – at the same time, Apple is also ensuring that the production specialists, whose abbreviation stands for “Taiwan Semiconductor Manufacturing Company”, are full of funds. For the current year, the forecast is that Apple’s orders are likely to account for around 23 percent of total sales. In 2019 it was also 23 percent, in 2020 the value fell to 21 percent in view of several other large orders. A report according to TSMC wants to make itself less dependent on Apple and therefore diversify the business. Although there is currently no evidence that Apple is looking for alternatives and wants to end the business relationship, it does not make sense within the company to be so heavily dependent on a single customer.