With Hot iPhone Demand, Apple tells TSMC to increase output for it's A-Series Processors for this Quarter
In October TSMC's financials showed they had a great quarter beating expectations. Reporting last week for Q4 TSMC provided great guidance with TSMC expecting the next few quarters to outperform their typical seasonal patterns.
Ahead of Apple's financial conference on January 28th, we're learning tonight that "Apple Inc. has asked chipmaking partner Taiwan Semiconductor Manufacturing Co. to increase its output of A-series processors this quarter in order to satisfy higher-than-anticipated iPhone demand, according to Bloomberg sources.
The iPhone 11 and 11 Pro models were well received on their debut in the fall and their sales in China have been particularly strong, outselling 2018’s releases in a market that has otherwise been shrinking.
Even without a 5G iPhone model, demand has been outperforming the market and Apple’s expectations, as the company asked assembly partners to increase their production of the latest generation.
Along with the popularity of existing models, Apple’s business with TSMC is also set for a boost from an imminent iPhone SE successor, a low-cost model that will begin mass production in February ahead of an official unveiling as soon as March. For more on this, read the full Bloomberg report.