Sony, TSMC to Invest 747 B. Yen in Image Sensor JV
Tokyo, Aug. 11 (Jiji Press)--Japan's Sony Group Corp. said Tuesday that it and Taiwan Semiconductor Manufacturing Co. will invest a total of 747 billion yen to establish a joint venture to make next-generation image sensors for smartphones. The new company, Advanced Vision Semiconductor Manufacturing Corp., is expected to start mass production of image sensors utilizing advanced manufacturin...
Sony Group Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) are set to invest a combined total of 747 billion yen in a new joint venture. The purpose of this venture is to manufacture next-generation image sensors for smartphones. The new company, Advanced Vision Semiconductor Manufacturing Corp., is expected to commence mass production of these sensors in Kumamoto Prefecture, located in southwestern Japan, around 2029.
Sony Group will contribute 465 billion yen to the joint venture, while TSMC, which is the world's largest contract semiconductor maker, will invest 282 billion yen.
The two companies are also in discussions to potentially receive financial support from the government, specifically from the Ministry of Economy, Trade and Industry. In May of this year, Sony Group and TSMC announced a strategic partnership aimed at developing and manufacturing next-generation sensors, a type of semiconductor technology.
Under the terms of this new agreement, additional development and production capacities will be added to an existing image sensor plant located in Koshi, Kumamoto, which is operated by a semiconductor unit of Sony Group.
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