Nikkei: Sony and TSMC to Build $ 7 Billion Chip Plant in Japan

According to the message Nikkei, Sony and TSMC intend to jointly build a semiconductor manufacturing plant in western Japan.

The joint venture will be located in Kumamoto Prefecture on Sony’s property next to Sony’s image sensor factory.

The plant is estimated at 800 billion yen (about $ 7 billion), and the Japanese government is ready to cover up to half of the costs on one condition – if the plant first of all works for the domestic market in Japan. TSMC will receive a controlling stake. It is also reported that the largest Japanese manufacturer of automotive components Denso (owned by Toyota) also wants to participate in the project and is seeking a contract for the supply of equipment.

If all goes according to plan, the first TSMC facility in Japan will begin operations in 2024. First of all, it will be engaged in the production of matrices for mobile cameras and smartphones, as well as car chips, which are now especially in short supply.

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