Sony, TSMC to spend $6.3 billion to jointly make image sensors, Nikkei says
Sony Group and Taiwan’s TSMC are reportedly planning to jointly invest approximately $6.32 billion in the production of next-generation microchips used in image sensors, according to a report by Nikkei business daily. The joint venture, with Sony holding a 60% stake and TSMC 40%, is set to commence commercial production as early as 2029 in Kumamoto prefecture, southern Japan.
The two tech leaders announced their intention to form the joint venture in Japan in May, aiming to leverage Sony's sensor design expertise alongside TSMC's manufacturing and process technology capabilities. The partnership also intends to explore opportunities in physical artificial intelligence applications for sectors like automotive and robotics.
Sony, the world's leading manufacturer of image sensors prevalent in smartphones and automobiles, did not comment on the Nikkei report, and TSMC remained silent on the matter following a request for comment from Reuters.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
