Iphone 14 | iPhone 14 helped TSMC increase sales by 48 percent › Macerkopf | apple iphone

How successful was the iPhone 14 launch? Analysts have been divided so far, but Apple’s suppliers indicate that the iPhone has started strongly in the next generation. After Foxconn recently posted record sales thanks to Apple, TSMC can also draw a positive balance. So reported Bloombergthat sales of the iPhone 14 in particular helped TSMC to increase sales by 48 percent in the third quarter.

TSMC successful in a weak chip market

Ahead of the iPhone 14 launch, there were fears that the current economic climate would dampen demand for the iPhone 14. According to Apple’s chip partner TSMC, this is not the case. TSMC reports a very successful third quarter. Bloomberg analysis takes a look at the likely total for the company’s fiscal quarter. The report states:

“Taiwan Semiconductor Manufacturing Co. reported higher-than-expected quarterly sales, suggesting the chip giant is benefiting from market share gains to brave an industry slowdown.

Revenue at the world’s largest contract chipmaker rose 48 percent to about NT$613 billion ($19.4 billion) in the third quarter, Bloomberg has calculated.

Though the chipmaker has a number of customers, Apple is responsible for most of its revenue. TSMC thus appears to have been spared an industry-wide slowdown. In general, chip makers and other companies in the industry are struggling with several problems.

Above all, the lack of older chips has affected the supply of a wide range of electronic devices, which also affects more advanced chips if there are not enough components for power management, for example.

Strong demand for the iPhone 14 is the most likely explanation for TSMC’s bucking the industry trend. Looking ahead, TSMC has budgeted a price increase for upcoming 3nm manufacturing. Apple reportedly initially disagreed with the increase, but later agreed.