Apple chip partner TSMC has a desire to grow beyond the rising production demands from its largest client, a report says, with the chip furnace increasing its investments in areas other computing.
The A-series chip family used in iPhones and iPads has been a huge boon for TSMC, with its 2021 growth expected to outperform the industry at 13% and 16% . However, TSMC is said to be willing to look into sectors other than Apple-related production to boost growth and diversify revenues.
The Taiwanese manufacturer is said to have industry sources of DigiTimes enhance its work in the areas of 5G, automation electronics, and high-performance computing (HPC.)
TSMC has set its capital expenditure (CapEx) for 2021 at between $ 25 billion and $ 28 billion, the report says, a huge jump from the $ 17.24 billion it provided for spending in 2020. job talk, TSMC officials explained the higher spending intensity. expect to pursue other growth opportunities.
This is partly driven by promising demand in other areas, as well as the continued strong demand from Apple and other clients, the sources said. Separately, Intel has been considering exporting some of their chip products to TSMC.
Even with the higher investment in other chip sectors, Apple-TSMC’s partnership is very likely to last for several years. Sources say TSMC has seen visibility on orders from the existing customer base extended to 2023.
With the resources put in place to complete their 3-nanometer processor technology and start risk-free production using the technology in 2021 with a view to full production for Apple by the end of 2022, it is very likely that Apple remains a client of TSMC for some time to come.