Apple (AAPL) and Qualcomm (QCOM) reportedly offered TSMC (TSM) more than $1B apiece to secure...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) and Qualcomm (QCOM) reportedly offered TSMC (TSM) more than $1B apiece to secure chip production capacity, only to have TSMC reject them in the name of maintaining flexibility. Qualcomm, which is expected to provide a baseband chip for the next iPhone that uses TSMC's 28nm process, has struggled to deal with TSMC's 28nm supply constraints, and has begun eying alternate sources. Apple has been reportedly planning to shift production of its app processors from Samsung to TSMC.