The upcoming iPhone 15 series, which will reportedly feature the latest A17 chip manufactured using TSMC’s 3-nanometer technology, is highly anticipated by Apple enthusiasts. Performance and power consumption are expected to increase with the new chip, which could lead to a wave of user replacements.
However, the cost of manufacturing the entire iPhone 15 series could rise by 20%, with the cost of the iPhone 15 Pro models rising by 20% and the cost of the basic iPhone 15 models rising by 12%, according to blogger Revegnus. The increase in TSMC’s foundry prices is the main cause of this rise in manufacturing costs. Apple may have little choice but to pass on the increased manufacturing costs to customers due to the rise in material and labor costs, as well as production-related concerns.
Compared to the iPhone 14 series, the production cost of the iPhone 15 base model is expected to increase by around 12% and the iPhone 15 Pro model by around 20%.
TSMC fab price hikes may be the main culprit pic.twitter.com/GovuLF27WC
— Revegnus (@Tech_Reve) April 26, 2023
Consumers, who are already feeling the squeeze of rising costs due to the ongoing epidemic, may object if Apple decides to increase the price of the new iPhone 15 series. On the other hand, the company’s profit margins may be affected if Apple decides to absorb the extra costs. Apple will have to strike a fine balance in this situation.
It’s important to remember that these are all just rumors at the moment, and we won’t know for sure until Apple makes an official announcement. One thing is for sure though: Apple fans can’t wait to get their hands on the next iPhone 15 series, which is rumored to have more features and better performance. Apple will have to work hard to maintain its position as the market leader in the smartphone sector, as competition is fierce.
