TSMC and Sony Pondering On Joint Chip Factory

Share post:

Taiwan’s TSMC and Japan’s Sony Group Corp are in serious talks to jointly build a chip factory in Japan, with the state agreeing to pay part of the roughly 800 billion yen ($7.15 billion).

The plant in Kumamoto, southern Japan, is expected to produce semiconductors for cars, camera sensors and other products that have been adversely affected by a global chip shortage and are expected to start operating in 2024.

Japanese officials are also concerned about the stability of their industries, as a global chip shortage forces automakers to curtail production.

TSMC is concerned about the concentration of chip production in Taiwan, where most of the world’s most advanced chips are produced, in the light of aggression from mainland China, which does not rule out the use of force to control the democratic island.

For more information, you may view the original story from Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Apple reduces forecasts for Vision Pro as demand cools in key US market

In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a...

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal....

Delaware court voids Musks $56 billion dollar compensation

Tesla's stock experienced a notable downturn following a Delaware court's decision to void CEO Elon Musk's massive $56...

IT World Canada strikes partnership with Canadian Cybersecurity Network

Goal is to make it easier for infosec pros to access each organization

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways