Apple chipmaker TSMC posts record third quarter
(iMore iPhone)

What you need to know TSMC has announced a record third quarter. TSMC provides the A-series chips Apple uses in its devices. TSMC`s fortunes are often tied with Apple`s. The numbers are expected to remain strong, too. TSMC, the company which makes the chips that go into Apple`s most prominent products, has announced a record third quarter. The company beat guidance that it issued this past July according to a DigiTimes report. TSMC reported consolidated revenues of NT$102.17 billion (US$3.3 billion) for September 2019, down 3.7% sequentially but up 7.6% on year. Consolidated sales for the third quarter came to NT$293.05 billion, rising 21.6% on quarter and 12.6% from a year earlier. TSMC is the world`s largest maker of chips and counts Apple as one of its most important customers. In fact, Cult of Mac notes that August`s revenues were boosted by `robust 7nm chip denand` which likley points to iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max production ramping up. Apple`s iPhon...