2 Growth Opportunities for This Top Apple Inc. Supplier

Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is believed to be the sole supplier of the A10 Fusion chips that power Apple's (NASDAQ: AAPL) current iPhone 7 series smartphones. In addition, TechInsights recently revealed that TSMC is the manufacturer of the A10X Fusion chips found inside of Apple's newly released 10.5-inch and 12.9-inch iPad Pro models.

Apple is also expected to be the sole manufacturer of the A11 Fusion processors that'll power this year's iPhone 7s, 7s+, and premium OLED iPhone.

Image source: Apple.

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Source: Fool.com