Apple’s highly anticipated iPhone 15 is just around the corner, creating immense excitement among tech enthusiasts. With rumors of a revamped design, bid farewell to the notch, and a host of innovative features, the upcoming flagship phone is expected to be a significant upgrade from its predecessor. Apple’s sales expectations for the iPhone 15 are sky-high, and this optimism extends to its business partners. One of Apple’s key suppliers, TSMC (Taiwan Semiconductor Manufacturing Company), is projected to witness an 11% revenue surge in the third quarter of this year, driven by the production of the A16 and A17 Bionic chips. Let’s delve into the details.
TSMC Set for Robust Growth as iPhone 15 Spurs Demand
TSMC, renowned for its advanced chip manufacturing capabilities, is expected to experience a significant revenue increase of 11% in Q3 2023, primarily due to the production of Apple’s A16 and A17 Bionic chips. The company will exclusively manufacture Apple’s A17 Bionic chip for the iPhone 15 Pro and iPhone 15 Pro Max, utilizing its cutting-edge 3nm process technology. Analysts predict that TSMC’s revenue will reach a staggering $17 billion in the second quarter, and Apple may even request an upswing in orders for 3nm chips to meet the growing demand during the highly anticipated iPhone 15 launch. Such a move would propel TSMC closer to achieving its growth targets.
Apple-TSMC Partnership: A Strong Business Alliance
While specific figures regarding TSMC’s business with Apple have not been disclosed, previous reports have indicated that Apple has secured a substantial 90% of the 3nm chip capacity, solidifying its position as a profitable and prominent client for TSMC. Furthermore, Apple continues to be TSMC’s largest customer, accounting for an impressive 23% of the semiconductor giant’s annual revenue.
The iPhone 15’s Success Amplifies TSMC’s Prosperity
The upcoming iPhone 15’s projected success brings favorable news for TSMC. With the A17 Bionic chip already in production for the highly anticipated smartphone, TSMC anticipates significant financial gains from its partnership with Apple. The company expects an 11% surge in revenue during the third quarter of this year compared to the same period last year, primarily due to the immense popularity and strong demand for the iPhone 15.
In conclusion, Apple’s iPhone 15 is poised to generate billions in revenue, not only benefiting Apple itself but also significantly boosting the growth prospects of its key supplier, TSMC. As the launch date approaches, the anticipation surrounding the iPhone 15 continues to build, promising an exciting chapter for both Apple and TSMC in the highly competitive smartphone market.
