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Apple Increases Chip Orders from TSMC for iPhone 16, Plans 90-100 Million Units

Jul 1, 2024, 05:17 PM

Apple Inc. ($AAPL) has reportedly increased its chip orders from Taiwan Semiconductor Manufacturing Company ($TSM) in anticipation of strong demand for its upcoming iPhone 16 series. According to Apple Insider and various sources, Apple plans to produce between 90 million and 100 million units of the iPhone 16, which will feature TSMC's advanced 3nm N3E process. The new iPhone 16 is expected to have improved camera and memory specifications, with onboard DRAM upgraded to 8GB from 6GB to support enhanced AI capabilities. Both the iPhone 16 and iPhone 16 Pro models are expected to utilize the A18 chip.