Mark Hibben, author at Seeking Alpha, discusses how Taiwan Semiconductor Manufacturing Company is separating itself from other chip makers like Intel. TSMC is the exclusive supplier of Apple's A12 processors.

Hibben explains TSMC is a "pure play" foundry, meaning the company does not design any of its own chips, it just manufactures them.

Hibben believes Apple chose TSMC because of trust. In the past, the companies have shared a lot of intellectual property with one another.