28 C Internet / The Economic Times
Taiwan Semiconductor Manufacturing (TSMC) is under U.S. investigation for potentially violating export controls by supplying chips that ended up in Huawei's AI processors. The U.S. Department of Commerce is examining TSMC's dealings with Sophgo, a Chinese design company, with a possible penalty exceeding $1 billion. This situation strains U.S.-Taiwan relations amid trade renegotiations and increased scrutiny of export violations.
U.S. tariffs on Chinese imports could increase iPhone prices significantly. Apple faces a choice: absorb the costs or pass them on to consumers. Analysts predict price hikes up to 43%, potentially raising the iPhone 16's cost to $1,142. This could impact demand, especially as iPhone sales have been sluggish due to unimpressive AI features.