, Apple was the top buyer of semiconductor chips in 2020. The tech giant was responsible for 12% of such purchases last year; Samsung was second with an 8% share of chip purchases. Both and had year-over-year gains of over 20% while spent 23% less last year thanks to the restrictions placed on the company by the U.S. One of these restrictions, a change made to an export rule by the Commerce Department, requires that global foundries obtain a license from the U.S. in order to ship to Huawei chips made using American technology. Despite this, Huawei came in third place among semiconductor … Read more
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