TSMC is investing billions of dollars in chip manufacturing. Last week, the company's board announced that it would budget $6.74 billion to build more manufacturing facilities and increase production capacity.
The company said last month that it plans to spend between $14 billion and $15 billion this year, up from $10 billion to $11 billion last year. Expenditure in 2020 includes $2.5 billion in 5-nanometer process chips and $1.5 billion in 7-nanometer chips.
TSMC is a chip foundry that helps companies without actual production equipment to make chips. This includes some large tech companies such as Apple, Qualcomm and Huawei.
TSMC said last week that the coronavirus did not reduce customer orders.
Starting from the middle of this year, the company will start producing 5nm chips, and the Apple A14 Bionic will be equipped with 15 billion transistors, making it more powerful and energy efficient than the A13 Bionic.
When Apple releases the 2020 iPhone model later this year, it may have leading performance over most Android phones, because the Qualcomm Snapdragon 865 mobile platform uses TSMC's 7nm process, and the Huawei Mate 40 series will also be equipped with a 5nm flagship chip.
Apple will release four iPhone models this year, including iPhone 12 (5.4-inch screen, dual camera), iPhone 12 Plus (6.1-inch screen, dual camera), iPhone 12 Pro (6.1-inch screen, triple camera), and iPhone 12 Pro Max (6.7-inch screen, triple camera).
These four products will be equipped with TSMC's built-in Snapdragon X55 5G modem chip, which can support sub-6GHz and mmWave 5G spectrum. TSMC believes that the new 5G iPhone will have strong demand.