Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
27 Jan 2025 Acquired TSMC Founder Morris Chang
“C. Wei (I think) has the pleasure and the duty of sorting that out. As a general principal, you try to find a middle ground, which is different for every CEO.”
— Speaker unverified
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Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 27 Jan 2025
- Publisher
- Acquired
- Episode
- TSMC Founder Morris Chang
Transcript context
…One thing that has occurred to me is TSMC now gets mid-50% gross margins, call it 55%–57%, higher than your time. But many of your customers have 70%–80% gross margins. TSMC is creating a lot of value. The designer is creating a lot of value. How do you sort out who gets to capture the value? I don’t get the privilege of sorting it out. C. C. Wei (I think) has the pleasure and the duty of sorting that out. As a general principal, you try to find a middle ground, which is different for every CEO. Even though every CEO who wants to protect his reputation, every CEO says, ah, I worry about the long range. But in truth not everyone does. It’s very personal how to sort these things out. I think it’s a very personal issue. Now, for a lot of CEOs there’s really no choice. As a supplier, you have to accept a certain price. If it’s a commodity, particularly. We have not finished with Apple yet. Please.…
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