This almost ensures profitability, because with only 2 competing high end foundries, TSMC and Samsung/Intel, it’s easier to silently “agree” on price levels than if they were 3.

Still 2 competitors is way better than a TSMC monopoly. So i hope it works out for them to be competitive with TSMC.

PS:
The Tapeout for the latest Apple Chip was about $1 billion, that price tag is so steep that very few can afford to keep up.
https://wccftech.com/dimensity-9400-premium-causing-flagships-to-be-priced-7-5-percent-higher/

the tape-out costs alone for Apple’s M3, M3 Pro, and M3 Max were estimated to be $1 billion.

Just for scale, if you make $50k per year, it will take 20,000 years to make a billion!