TSMC has also reduced the prices of 8-inch wafers that generate chips for various segments like Display Driver ICs (DDI), CMOS Image Sensors (CIS), and Power Management ICs (PMIC) The Taiwan based global chip-maker TSMC, which has the largest foundry, is now reported to have reduced its chip prices. This global chipset contract manufacturing and design firm supplies its wide range of SoCs to international giants such as Apple, Qualcomm, Huawei, and various other electronics manufacturing companies.