Apple’s iPhone 15 is almost here, and anticipation is high. The phone is said to be a major upgrade over the previous generation, with a new design, goodbye to the notch, and a host of innovative features. Apple’s sales expectations are also high, and the company reflects this on the orders it places with its business partners. TSMC, one of Apple’s suppliers, is expected to increase its revenue by 11% in the third quarter of this year thanks to the A16 and A17 Bionic.

TSMC will see revenue increase 11% in Q3 due to strong demand for iPhone 15

Thanks to the A16 and A17 Bionic chips, TSMC is expected to increase its revenue by 11% in the third quarter of this year. TSMC will manufacture Apple’s A17 Bionic exclusively for the iPhone 15 Pro and iPhone 15 Pro Max using an advanced 3nm process. The company is expected to generate $17 billion in revenue in the second quarter, and Apple may ask the company to increase its 3nm chip orders in preparation for the iPhone 15 launch. This will help TSMC meet its growth target.

While exact figures on the amount of work TSMC will take from its lucrative customer have not been disclosed, previous reports said that Apple had secured 90% of 3nm chip capacity and was preparing to become one of the first customers of 2nm chips. According to recent reports, Apple remains TSMC’s largest customer, accounting for 23% of annual revenue.

The iPhone 15 is expected to sell well, which is good news for TSMC. The company is already making the A17 Bionic chip for the iPhone 15, and they hope to make a lot of money from it. TSMC expects to make 11% more money in the third quarter of this year compared to the same quarter last year. This is because Apple is expected to sell a large number of iPhone 15s.