> Part of TSMC's offer is that they won't do design

That's kind of a hoax. GUC (Global Uni Chip) is huge, and a nearly-wholly-owned subsidiary of TSMC.

https://en.wikipedia.org/wiki/Global_Unichip_Corporation

TSMC has a large design operation. It simply is part of a subsidiary rather than the parent company, that's all.

There are a lot of shady links between TSMC and GUC. I was once pressured to "collaborate" with GUC as an explicit condition of getting access to the then-bleeding-edge 16nm PDK. I turned it down. A competitor of mine (with whose chief engineer I am friends) had the same screws put to them.

Interesting - thanks, I didn’t know that.

Exactly right.

Someone else mentioned it, but that's really not true about TSMC.

Doesn’t Samsung make a whole bunch of components and use the components to create products laptops tv phones storage

Actually I'd be curious to see how a Korean Chaebol works in this regard. At various points, Apple was competing w/ Samsung (mobile phones) to get fab space on Samsung (chip fab), and I think at various times different parts of Samsung were suing Samsung...

Fly Wheel, a term people used to describe Amazon.

Imagine 100x of that, and that is Samsung.