Sony, TSMC to invest US$6.4 billion in Japanese sensor plant: source
The two firms are seeking to begin production in 2029; no time frame is given for the investment under discussion
Sony Group and Taiwan Semiconductor Manufacturing Co (TSMC) are negotiating a US$6.4 billion investment to establish an image sensor factory in Japan, according to a source familiar with the talks. The joint venture aims to commence production in 2029, with no concrete time frame provided. TSMC and Sony Semiconductor Solutions are targeting growing demand for sensors in artificial intelligence-driven robots and self-driving vehicles.
The collaboration is viewed as a low-risk investment for both companies, easing Sony's financial burden while ensuring a steady revenue stream for TSMC. The Japanese government may offer financial assistance to the venture. Sony, a minority shareholder in TSMC's Asian fabrication site, will hold the controlling stake in the new joint venture. The government is considering providing support for the project.
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