TSMC and Sony to partner for chip plant in Japan: Report

TSMC and Sony to partner for chip plant in Japan: Report

IANS | Edited By : IANS | Updated on: 10 Oct 2021, 06:45:01 PM

(source: IANS) (Photo Credit: (source: IANS))

Chipmaker Taiwan Semiconductor Manufacturing Ring Company (TSMC) and Sony Group are reportedly considering joint construction of a semiconductor factory in western Japan amid global chip shortages.

According to Nikkei Asia, the total investment in the project is estimated to be 800 billion yen ($7 billion).

Japan’s top auto parts maker Denso also wants to participate through steps such as installing equipment on site. The report said members of the Toyota Motor Group want a steady supply of the chips used in their auto parts.

Sony may also take a minority stake in a new company that will manage the factory, which will be located in Kumamoto Prefecture.

The factory will make semiconductors that use in-camera image sensors, as well as chips for automobiles and other products.

Disclaimer: This is a news published directly from IANS News Feed. With this, the News Nation team has not done any editing of any kind. In such a situation, any responsibility regarding the related news will be with the news agency itself.

First Published : 10 Oct 2021, 06:45:01 PM

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