Apple has lately been rumored to have been moving some production lines to the United States amid whispers of a $10 billion silicon manufacturing facility being considered in the country. Various reports mention both New York and Oregon for this project, code-named Azalea.
And because of its reported $10 billion construction cost, there are some who suspect Project Azalea is a chip-making plant for Apple’s products aimed at replacing Samsung. Remember, the Galaxy maker semiconductor arm's $14 billion Austin, Texas facility exclusively churns out Apple-designed mobile chips that serve as the engine for the iPhone and iPad.
The rumor-mill has been adamant that Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest independent semiconductor foundry, will run the upcoming US facility in co-operation with Apple, but now TSMC CEO has issued a somewhat weak denial...