diff --git a/ios/RIBs/Classes/DI/Component.swift b/ios/RIBs/Classes/DI/Component.swift
index e889d45fe..66557d5f3 100644
--- a/ios/RIBs/Classes/DI/Component.swift
+++ b/ios/RIBs/Classes/DI/Component.swift
@@ -24,7 +24,7 @@
 open class Component<DependencyType>: Dependency {
 
     /// The dependency of this `Component`.
-    open let dependency: DependencyType
+    public let dependency: DependencyType
 
     /// Initializer.
     ///
@@ -47,6 +47,14 @@ open class Component<DependencyType>: Dependency {
             lock.unlock()
         }
 
+        #if swift(>=5.0)
+
+        if let instance = sharedInstances[__function] as? T {
+            return instance
+        }
+
+        #else
+
         // Additional nil coalescing is needed to mitigate a Swift bug appearing in Xcode 10.
         // see https://bugs.swift.org/browse/SR-8704.
         // Without this measure, calling `shared` from a function that returns an optional type
@@ -55,6 +63,8 @@ open class Component<DependencyType>: Dependency {
             return instance
         }
 
+        #endif
+        
         let instance = factory()
         sharedInstances[__function] = instance