1 Significant Risk to This Apple Inc. Supplier
In 2014, Apple (NASDAQ: AAPL) had Taiwan Semiconductor Manufacturing Company (NYSE: TSM) -- rather than longtime chip partner Samsung (NASDAQOTH: SSNLF) -- build its then-new A8 processors that powered the hugely successful iPhone 6 and iPhone 6 Plus.
Although TSMC and Samsung split the manufacturing of the subsequent A9 processor, TSMC was the sole manufacturer of the A10 Fusion chip that powered the iPhone 7-series smartphones and is believed to be the sole manufacturer of the A11 Bionic chip that powers both the iPhone 8-series phones as well as the iPhone X.
Image source: Apple.
Source: Fool.com