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TSMC reports record August revenue ahead of today's iPhone launch


Added 09-10-19 07:31:02am EST - “A-series chipmaker TSMC has reported record August revenue, up 16.5% year-on-year, ahead of today's iPhone launch. The company said that its revenue ...” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “TSMC: Record August revenue ahead of today's iPhone launch - 9to5Mac”. Below is an excerpt from the article.

A-series chipmaker TSMC has reported record August revenue, up 16.5% year-on-year, ahead of today’s iPhone launch. The company said that its revenue last month hit NT$106.12B (US$3.4B).

The number is likely to spark speculation about Apple’s confidence in early sales of this year’s iPhones, but there are three reasons for a cautious interpretation of the news …

First, although Apple is a major client, it’s far from the only significant one. Digitimes notes that TSMC also produces chips for HiSilicon, AMD and MediaTek, among others, so an increase in orders from any one or more of these other clients could explain the revenue boost.

Second, with 15% tariffs due to hit iPhone imports into the US from mid-December, it’s entirely possible that Apple wants to stockpile US supplies, and has boosted orders to allow it to do so.

Third, a recent analyst report on other supply-chain sources suggested nothing much out of the ordinary.

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