Apple’s iPhone 15 is almost here, and anticipation is very high. The phone is rumored to be a major upgrade over the previous generation, with a new design, a goodbye to the notch, and a number of innovative new features. Apple’s sales expectations are also high, and the company has reflected this in its orders to its business partners. One of Apple’s suppliers, TSMC, is projected to see a revenue increase of 11% in the third quarter of this year due to A16 and A17 Bionic. Here are the details…

TSMC to See 11% Revenue Growth in Q3 on Strong iPhone 15 Demand

TSMC, is projected to see a revenue increase of 11% in the third quarter of this year due to the A16 and A17 Bionic chips. TSMC will exclusively produce Apple’s A17 Bionic for the iPhone 15 Pro and iPhone 15 Pro Max using its advanced 3nm process. The company is expected to generate $17 billion in revenue in the second quarter, and Apple may ask the company to increase its orders for 3nm chips in preparation for the iPhone 15 launch event. This would help TSMC to achieve its growth target.

Apple iPhone 15

While no exact numbers have been disclosed regarding how much business TSMC will acquire from its profitable client, previous reports stated that Apple secured 90% of the 3nm chip capacity, and it is set to be one of the first clients for the 2nm chips. According to the latest reports, Apple remains TSMC’s largest customer, accounting for 23% of the annual revenue.

The iPhone 15 is expected to be a big seller, and that’s good news for TSMC. The company is already making the A17 Bionic chip for the iPhone 15, and they’re expecting to make a lot of money from it. TSMC is expecting to make 11% more money in the third quarter of this year than they did in the same quarter last year. This is because Apple is expected to sell a lot of iPhone 15s.

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