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Apple Secures iPhone Supply Chain With Extended Broadcom Chip Deal Through 2031

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Apple has extended its partnership with Broadcom through 2031 to secure custom chips.
  • This deal eases supply chain pressures amid industry-wide chip scarcity, ensuring stable component sourcing for future iPhones while reducing the immediate need for costly in-house development.
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