Phone Arena reports today that Taiwan Semiconductor Manufacturing Co (TSMC) has begun shipping Apple’s latest A-processor for use in forthcoming iPads and iPhones.
According to the report, aside from supplying the A8 processor for the next wave of iOS devices, TSMC has also entered into a new agreement with Apple for other new projects in 2015 that will involve TSMC’s new 16-nanometer chip manufacturing process.
The Wall Street Journal, which was the original source for the story, says that by working with both TSMC and Samsung, Apple will have more bargaining power, not placing all its eggs in one basket, so to speak.
The deal is equally good news for TSMC, of course, with such a high-profile customer as Apple helping to invest in its research and increase its earnings. Phone Arena says that analysts have said that this latest deal with Apple could make up 10% of TSMC’s 2014 revenue.