TSMC plans new chip factory with Sony in western Japan

Apple chip partner TSMC may work with Sony on a new semiconductor factory in Japan, as part of a $7 billion investment that could start production of chips by 2024.

Taiwan Semiconductor Manufacturing Co is reportedly in talks with Sony Group to potentially construct a semiconductor factory in western Japan. The facility, which could become TSMC’s first operation in Japan, is seemingly targeting chip production for automotive purposes, among other uses.The project is expected to cost around 800 billion yen ($7 billion), sources of Nikkei reveal. The Japanese government is apparently expected to produce up to half of the total investment’s value, with Sony potentially taking only a minority stake in the operation.

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