Peter Clarke, EETimes
8/29/2012 5:19 AM EDT
LONDON – Apple and Qualcomm have each offered more than a $1 billion to foundry Taiwan Semiconductor Manufacturing Co. to obtain a dedicated supply of processor chips, and both their offers have been rejected, according to a Bloomberg report.
Apple needs the chips for its own smartphomes and tablet computers – iPhones and iPads – while Qualcomm is the leading supplier of application processors to the rival Android platform of mobile equipment.