The electronics business is heading for (is already in) a downward slope - ironically just as a number of initiatives to increase production capacity have been made. At this point in time, while there have been a number of companies producing designs for TSMC 3, the actual volumes they will produce remain unclear.
Apple has been a driving force for pushing the manufacturing capabilities for advanced nodes. If Apple were to say ”screw this, the cost vs. benefit just isn’t there”, it would have far reaching repercussions. This news simply says that this is not going to happen. Yet.