TSMC: Apple’s 64-Bit Processor Spurs Higher-Tech Chip Manufacturing

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Last fall, Apple Inc. (NASDAQ:AAPL) announced the advent of its new 64-bit processor and the mobile device industry plummeted into a frenzy.

After Apple’s processor was announced in September, rivals like Qualcomm galvanized to produce their own versions. Incidentally, Qualcomm is bracing to announce a whole fleet of 64-bit chips in the next few months, and another rival, MediaTek, has joined in, announcing its own 64-bit processors. And guess what? They all need a manufacturer.

As a result, chip-manufacturer TSMC is ramping up its production to meet the surging demand; the company, which is the largest contract chip manufacturer in the world, is also thought to be Apple’s chosen manufacturer for its up-and-coming A8 processor. As it stands, the company has already seen growth; TSMC reported that its net profit reached NT$47.9 billion (about U.S. $1.6 billion) up from NT$39.6 billion in the same period a year ago, CNET reports.

“If you observe the mobile device industry, in the past six months we do see the…conversion to 64-bit [in processors] after the Apple [64-bit A7 processor] announcement,” said Mark Liu, co-CEO of Taiwan Semiconductor Manufacturing Co., according to CNET.

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