Bits + chips
Highlights of the day: iPhone 11 series fuels TSMC sales

Strong demand from the 5G sector is apparently not the only factor driving TSMC's sales growth. The foundry house is gaining growth momentum from better-than-expected sales of Apple's iPhone 11 series for fourth-quarter 2019, and first-quarter 2020. But the semiconductor industry is definitely relying on 5G applications to fuel its next wave of growth. And smartphone vendors are rushing to release 5G devices to gain a head start in the market, with Chinese brands Oppo and Vivo said to be rolling out their 5G phones ahead of schedule.

TSMC sales outlook brightens: Sales of the iPhone 11 series have been better-than-expected, brightening the outlook for TSMC's sales performance in the following quarters, according to market observers.

Taiwan chipmaking industry gearing up for next stage growth: Taiwan's chipmaking industry, led by TSMC, is gearing up to enter its next stage of growth as chip demand for 5G applications is set to start ramping up substantially next year, according to industry observers.

Oppo, Vivo to roll out 5G phones ahead of schedule: China-based handset vendors Oppo and Vivo both are reportedly accelerating the developments of 5G smartphones and are expected to roll out their respective 5G phones at the end of 2019 or in early 2020, which will be about 2-3 months ahead of schedule, according to sources from Taiwan's IC supply chain.

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