TSMC, Sony to invest $4.7 billion in joint venture for image sensors

Taiwanese chipmaker TSMC and Sony Group have announced a $4.69 billion joint venture to develop and manufacture cutting-edge image sensors in southern Japan. With a planned start date of 2029, the venture, called Advanced Vision Semiconductor Manufacturing Corp, will be headquartered in Kumamoto, Japan. Sony will hold a controlling stake, contributing 465 billion yen ($2.92 billion), while TSMC will invest 282 billion yen.

The joint venture aims to serve as a key center for the creation and production of image sensors for smartphones, utilizing advanced manufacturing techniques. The total funding required to achieve the desired production capacity is being evaluated, with potential Japanese government support considered.