Mark Gurman, for Bloomberg:

Apple Inc. manufacturing partner Taiwan Semiconductor Manufacturing Co. has started mass production of next-generation processors for new iPhones launching later this year, according to people familiar with the matter.

The processor, likely to be called the A12 chip, will use a 7-nanometer design that can be smaller, faster and more efficient than the 10-nanometer chips in current Apple devices like the iPhone 8 and iPhone X, the people said. 

I remember exporting a video from iMovie for iOS a few years ago (an iPad Mini 2 if I recall correctly) and it took close to 30 minutes for a full 1080p render. I recently tried the same thing on an iPad Pro 10.5” — this time it was done before I returned to my couch from turning the kettle on in the kitchen, which took me less than a minute.

Apple’s chip team is amazing and I can’t wait to see what they’ll bring to the market in the future.