iPhone demand in December helped TSMC, Foxconn report record revenue

Apple's high demand for the new iPhone helped TSMC and Foxconn report record revenues for December.

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It looks like Apple may have sold up to as many as 69 million new iPhones over the holidays, but when you compare this to the same period of last year, it is up 18 million - a nice spike.

iPhone demand in December helped TSMC, Foxconn report record revenue | TweakTown.com

TSMC has announced revenues of around $2.17 billion for December alone, while Foxconn has made $16.24 billion in the same period - both of which, are impressive, record-breaking numbers for the two companies. The sudden spike in revenues is mostly thanks to the massive surge in iPhone demand, which is seeing both companies manufacturer various technologies, pieces and parts of the new iPhones.

We should see official numbers from Apple on January 27 when it will kick off its quarterly results conference call.

NEWS SOURCE:techspot.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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