Sales iPhone 7 and iPhone 7 Plus are much better than anyone would have expected, including the Apple company and the partners that manufacture various components for the terminal. Sales are so good that Apple seriously increased production and ordered many more components than it was initially estimated would be needed for the two terminals.
In this idea, those from TSMC announced today that they are going to register record revenues and profit in Q3 2016 thanks to very good sales for iPhone 7 and iPhone 7 Plus. TSMC is the only manufacturer of the A10 chips implemented in the two new smartphones, the company also manufactures the old A9 and A9X chips.
Apple increased production for iPhone 10 and iPhone 7 Plus by over 7 million units, and this also generated an increase in revenue for its partners in Asia. They will enjoy very high revenues and profit based on the demand for iPhone terminals, so everyone wins from this very high interest for new products.
Of course, the fact that the Galaxy Note 7 was a failure was also brought up in the discussion, and this greatly helps to increase the sales of the iPhone 7 and iPhone 7 Plus. The representatives of TSMC stated that although it is a dramatic situation, it is worrying that Samsung has not found the source of the problem, but those from Apple don't care too much since the iPhone 7 and iPhone 7 Plus "do it" so well.
"Taiwan Semiconductor Manufacturing Co (TSMC) raised its forecast for 2016 revenue after setting new profit and sales records in the third quarter, as analysts said it was riding high on supplying parts for Apple Inc's new iPhone 7. TSMC, which does not disclose details of customer orders, said on Thursday it now expects revenue growth to be 11-12 percent, compared with a previous estimate of a 5-10 percent increase."
