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In August Patently Apple posted a report titled "Nine of Apple's Supply Chain Partners are Enjoying Strong Revenue Growth for July leading up to iPhone 8." The report noted that one of the suppliers was TPK Holding which provides Apple with touch modules for the MacBook and Apple Watch, and the iPhone's 3-D touch function. TPK saw its sales rise 29.1% from a year ago. In July we reported that TPK saw its revenues up over 55% for the year because of strong Apple orders. So it should come as a surprise that TPK is performing better than expected. That's good news for iPhones too.


According to the Nikkei, Apple's touch module supplier TPK Holding on Thursday forecast a better-than-expected performance for the current quarter and said strong growth could continue into early 2018 on robust demand for the iPhone X."


The report futher noted that TPK's CEO stated that "A new product has launched and its production schedule appears to be a bit late compared with previous years ... Due to that, from our perspective, we expect healthy orders could last into the first quarter of 2018, a traditional low season for components makers."


Knowing the company's history and especially recent order history with Apple, analysts knew that the CEO was referring to Apple, even though he never identified the customer by name but rather by description of a new product being late, as in the iPhone X. 


For the three months ended in September, TPK's revenue increased 16.6% year-on-year to 30.51 billion New Taiwan dollars ($1.01 billion) thanks to orders for iPhone elements. For more on this, read the full Nikkei report here.


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