(TSM) May be Sole Manufacturer of (AAPL) A8 Chips for iPhone 6

(TSM) May be Sole Manufacturer of (AAPL) A8 Chips for iPhone 6


Taiwan Semi (TSM) May be Sole Manufacturer of Apple's (AAPL) A8 Chips for iPhone 6. Taiwan Semi (NYSE: TSM) is up in early trading Wednesday following reports that the company might have scored a big chip deal.

Taiwam's Commercial Times reported that Taiwan Semi was tapped to supply the A8 chip in Apple's upcoming iPhone 6. The news is positive for Taiwan Semi and also hints that Apple is further distancing itself from rival Samsung.

Production on the chips, which use a 20-nanometer process and have a 64-bit processor core, was said to begin in February.

Taiwan Semi was also said to get most of the manufacturing orders for logic and power management integrated chips (ICs).

Jefferies said earlier Wednesday that the iPhone 6 might debut in late summer and the Commercial Times is also looking for a Q314 launch.

Finally, the Commercial Times thinks revenue for Q214 will rise 20 to 25 percent, better than previous market forecasts calling for a 15 to 20 percent gain.

Taiwan Semi is positive in early trading.

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