The cost of electronic gadgets is set to rise after the world’s biggest chip maker announced it has to increase its prices by up to 20 percent because of a global parts shortage.
Taiwan Semiconductor Manufacturing Co. – whose biggest customer is Apple – said its more advanced chips would go up by around 10 percent due to a lack of semiconductors.
The company’s less advanced chips, such as those used by car manufacturers, are set to go up by 20 percent, it said, according to a Wall Street Journal report.

The cost of electronic gadgets is set to rise after the world’s biggest chip maker announced it has to increase its prices by up to 20 percent because of a global parts shortage

Taiwan Semiconductor Manufacturing Co. – whose biggest customer is Apple – said its more advanced chips would go up by around 10 percent due to a lack of semiconductors
TSMC’s price hike is set to take effect from January next year, with the company passing the cost increase of making the chips to its customers – like Apple – who in-turn could pass the cost onto their own customers.
As a…