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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

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