Apple chip maker enjoys record revenues thanks to iPhone 6

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Apple suppliers are enjoying huge revenue boosts thanks to the iPhone 6
Apple suppliers are enjoying huge revenue boosts thanks to the iPhone 6

Thanks to its work on the iPhone 6, Apple supplier Taiwan Semiconductor Manufacturing Company (TSMC) has announced record high revenues for August — representing an earnings increase of 6.7 percent from last month and a leap of 25.8 percent from the previous year.

TSMC made a massive $2.31 billion in August, with the phenomenal performance being credited to the company’s production of A8 processors for the iPhone 6-series of handsets — in addition to other chips such as Touch ID fingerprint sensors.

TSMC isn’t the only supplier to do well from Apple’s next generation iPhone, which Apple has reportedly placed “unprecedented” orders for to fill the massive demand for iPhones with larger displays.

Both Foxconn and Pegatron Corp have recently announced similarly big earnings, both attributed to working on Apple’s next generation iPhone and iPad models.

TSMC is also reportedly working on Apple’s next-next ten products, since it is currently on schedule with production of Apple’s A9 processor, which will show up in 2015 devices.

As predicted, the iPhone 6 is set to go on sale September 19.

Source: Digitimes