Part 3/10:
The trend away from in-house production is not merely a financial decision but a strategic necessity. With fewer companies willing or able to invest in the complex R&D and capital expenditures needed for advanced fabrication, TSMC emerged as a reliable partner, focusing solely on manufacturing while others handle design. This specialization has enabled TSMC to refine its processes and technology, attracting a growing customer base and ensuring its dominance in the foundry space.