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APPLE ASKS FOR TAX CREDITS TO SUPPORT DOMESTIC CHIP PRODUCTION

Published On 22 Oct 2020 04:57 PM


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Highlights

• Apple in its second and third quarter disclosure reports said it lobbied officials from the Treasury Department, Congress and the White House on tax topics including issues for domestic semiconductor production

• iPhone maker designs some of components required to manufacture chips, though majority of production is outsourced to Taiwan Semiconductor Manufacturing Company (TSMC)

• In rec....


Tags : Apple, Tax credits, Chip production, Taiwan, China, US, ,
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