Taiwan Semiconductor Manufacturing Company's Risky Apple Inc. Dependence
Today, Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is believed to be the sole supplier of Apple's (NASDAQ: AAPL) custom-designed A10 Fusion and A11 Bionic chips, which are found in the company's iPhone 7-series, iPhone 8-series, and iPhone X smartphones.
Although shipments of A-series applications processors to Apple don't make up the bulk of TSMC's overall revenue, Apple is essentially TSMC's anchor customer for leading-edge chip manufacturing technologies.
Image source: Apple.
Source: Fool.com
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