Tech giants TSMC and Sony to invest billions in advanced chip sensor plant
Sony Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) are planning to invest around $6.3 billion (€5.4bn) in a joint venture to produce advanced image sensors in Japan, according to Nikkei.
Sony and Taiwan Semiconductor Manufacturing Co (TSMC) are planning to invest in a joint venture to produce advanced image sensors in Japan. The investment is reported to be around $6.3 billion by Euronews Business, and $6.4 billion according to Free Malaysia Today.
The joint factory will be located in southern Japan's Kumamoto, where TSMC has its own chip fabrication plant. Sony's chip arm, Sony Semiconductor Solutions Corp, and TSMC are partnering on next-generation image sensors for robots and cars.
Sony will be the controlling shareholder of the new joint venture, while being a minority shareholder in TSMC's chipmaking site in the region. Production at the new factory is expected to begin in 2029, according to Free Malaysia Today.
Brief written by urgent.news from Euronews Business, Free Malaysia Today, Japan Times — 3 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.