2022 starts with an easing chip shortage situation, at least for Apple supplier Foxconn
TSMC is the company responsible for manufacturing Apple's custom-designed chips, but Cupertino is still relying on many industry-standard chips such as for power management, from other companies. Although this announcement is indeed an encouraging sign across the tech industry, TSMC on the other hand has warned that chip supplies won't be improving as much throughout 2022. In the future, Foxconn and TSMC are planning to have larger inventories of components in order to avoid situations like this occurring going forward.
They might’ve started way ahead of the parts manufacturing