iPhone 15 sales purge predicted to drive TSMC's revenue
The anticipated surge in iPhone 15 sales is expected to fuel an 11% boost in revenue for TSMC, the leading semiconductor manufacturer.
Apple's forthcoming iPhone 15 has generated substantial anticipation, as the smartphone is rumored to offer significant improvements compared to its predecessor. Speculations suggest a redesigned appearance, the elimination of the notch, and the introduction of innovative features.
iPhone 15 sales purge predicted to drive TSMC's revenue
With high sales expectations, Apple has placed substantial orders with its suppliers, including Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). As a result, TSMC is projected to experience an estimated 11% revenue increase in the third quarter of this year, driven by the production of advanced A16 and A17 Bionic chips for the iPhone 15.
The industry eagerly awaits the official release of the iPhone 15, while TSMC plays a crucial role in meeting the anticipated demand and contributing to Apple's market success.
With regards to the iPhone 15 Pro and iPhone 15 Pro Max, TSMC has secured exclusive rights to manufacture the A17 Bionic chips using its advanced 3nm process. The company aims to achieve its growth target and may receive additional orders from Apple for 3nm chips ahead of the iPhone 15 launch.
Reports suggest that Apple has secured the majority of the 3nm chip capacity, representing a significant portion of TSMC's annual revenue. As Apple's largest customer, accounting for 23% of TSMC's annual revenue, the projected high demand for the iPhone 15 bodes well for TSMC's financial performance, particularly with the production of the A17 Bionic chip.
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