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 in a joint venture to produce advanced image sensors in Japan. According to Nikkei, the investment is around $6.3 billion. The joint venture will focus on next-generation image sensors for robots and cars, as reported by Free Malaysia Today and Japan Times.

The factory will be located in southern Japan's Kumamoto, where TSMC has set up its own chip fabrication plant. Free Malaysia Today reports that production is expected to begin in 2029. Sony's chip arm, Sony Semiconductor Solutions Corp, and TSMC are partnering on the project.

Sony will be the controlling shareholder of the new joint venture, although Free Malaysia Today notes that Sony is a minority shareholder in TSMC's chipmaking site in the region. Following the announcement, Sony's shares rose as much as 2.2%, while TSMC's gained 1.7%, according to Free Malaysia Today.

Brief written by urgent.news from Euronews, Euronews Business, Free Malaysia Today, Japan Times — 4 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.