TSMC predicts shrinking global cell phone sales, but iPhone keeps demand high.
$Taiwan Semiconductor (TSM.US)$ $Apple (AAPL.US)$ the costs of components and materials are rising significantly, which leads to higher prices for the production chain of technology companies.The semiconductor industry is directly suffering this cost increase, comments the TSMC leader, citing uncertainties regarding the global economy for 2022.
Bank of America said that the iPhone maintains a high demand amid rumors that Apple responded to the negative market trend with the shrinkage in the production of the iPhone SE ( 2022) .Demand remains strong given the low price of the iPhone switch.
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