The iPhone 7 is right around the corner, and that means a fresh batch of specially designed mobile chips for the new device. Rumor has it the Taiwan Semiconductor Manufacturing Company (TSMC) has already locked up an exclusive contract for the upcoming A10 processor, and that should big money for the company.
TSMC is expected to announce record profits for Q3 2016, with revenue as high as $7.4 billion. The company recently announced its second quarter results, which included $6.89 billion in revenue. It also reportedly raked in $2.5 billion last month alone.
TSMC’s A10 chip should also help improve battery life for the iPhone 7 thanks to a compact fan-out design. The processor will take up even less space as a result, potentially making room for a slightly bigger battery or a slimmer design.
Last year, Apple split its chip order between TSMC and Samsung. Some small differences between the two chips raised concerns that TSMC’s model offered better battery life, causing a bit of a controversy among iPhone fans. Apple quickly debunked the reports, but that apparently didn’t stop it from awarding TSMC with an exclusive contract for the A10.
Now the Taiwanese company is apparently set to make bank off the iPhone 7, and that also means your next iPhone may offer better battery life as a result.