Here’s the link between Apple’s ‘unavoidable’ price hikes and all-time highs for emerging markets

🇺🇸 MarketWatch (US) —

AI Summary

Apple's CEO Tim Cook announced unavoidable price hikes for products to offset microchip costs, which have contributed to record highs in semiconductor markets in South Korea and Taiwan.

Just hours after Apple CEO Tim Cook said price hikes would be needed to cover the cost of microchips, the producers of those semiconductors pushed markets in South Korea and Taiwan to record highs.

Markets Apple price hikes microchips semiconductors South Korea Taiwan markets

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