Apple iPhone 13 could come with higher pricing due to increased components cost

Jeet — Fri, 27 Aug 2021 06:20:14 +0000

Apple’s upcoming iPhone 13 has been in the news for some time, revealing almost everything that we should expect from the lineup. As the launch in September nears, more and more details about the smartphone series keep surfacing online.

In the latest development, a report coming from DigiTimes claims that Apple could be rising the price of the iPhone 13 models to compensate for the increasing cost of component manufacturing.

We would advise you to take this information with a pinch of salt as DigiTimes doesn’t have a credible track record when it comes to predicting plans related to Apple. However, this time, it is citing industry sources, so it may turn out to be true.

Taiwan Semiconductor Manufacturing Company, the world’s largest chip manufacturer, is also a contract manufacturer for Apple chipsets, including the Apple A15 Bionic that will be powering the upcoming lineup, which is based on the 5nm+ process.

With TSMC set to increase pricing, Apple will be passing on that price to the customers. TSMC has notified customers about increasing pricing up to 20 percent. Apple, which is among the biggest client of the company, could see a price rise between 3-5 percent.

While the price increase from TSMC is set to go into effect from January next year, Apple will be launching the new devices with increased pricing instead of hiking price just a couple of months after its official launch.

A few months ago, it was reported that Apple had placed a massive order of more than 100 million units of the A15 Bionic chips with TSMC as the company wants to eliminate any issues with supply and components for its upcoming iPhone 13 lineup.

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Apple iPhone 13 could come with higher pricing due to increased components cost