In October Patently Apple posted a report titled "Apple Supplier TSMC will undergo a Major Management Change in 2018 as Founding Chairman set to Retire." The Chairman noted in his last major interview that Samsung was the only competitor that they were cautious of in order to keep Apple's chip business.
Yesterday Morris Chang officially retired after presiding over this last company shareholder meeting. He said during the meeting that he believes the dual leadership of Mark Liu and CC Wei will create another "miraculous" growth for the pure-play foundry.
Chang's only fear is if the US-China trade dispute worsens to upset the electronics supply chain. TSMC's major clients such as Apple will be affected, market observers believe. Orders placed by Apple generate nearly 20% of the foundry's total revenues.
Apple's CEO told CNN yesterday that he didn't believe that the iPhone would get a tariff on it, adding that "Based on what I've been told and what I see, I just don't see that."
It was reported on May 29th by BNN/Bloomberg that China's trade representatives have said that they're not afraid of a trade war.
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