ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Apple supplier TSMC sees drop in premium phone shipments in 2018

Contract chipmaker expects some relief from cryptocurrency and China demand

TSMC sees a robust year ahead with revenue growing another 10-15% in U.S. dollar terms.

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker by market share and a key supplier to Apple, said Thursday that shipments of upmarket smartphones will decline in 2018 but that growing cryptocurrency "mining" could help alleviate a soft mobile market.

TSMC has been the sole manufacturer of core processors for Apple's iPhones since 2016 and will continue to monopolize those orders this year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more