TSMC to Build Second Japan Chip Factory, Raising Investment to $20 Bln
20:11 JST, February 6, 2024
TAIPEI, Feb 6 (Reuters) – Taiwanese chipmaker TSMC said on Tuesday it will build a second Japanese plant to begin operation by the end of 2027, bringing total investment in its Japan venture to more than $20 billion with the support of the Tokyo government.
Taiwan Semiconductor Manufacturing Co announced plans in 2021 to build a $7 billion chip plant in Kumamoto in southern Japan’s Kyushu.
TSMC said last month the first Japanese factory would open in February with volume production in the fourth quarter, and that the company was also exploring building a second factory in the country.
In a statement, TSMC, the world’s largest contract chipmaker, said its majority-owned unit Japan Advanced Semiconductor Manufacturing in Kumamoto would build a second fabrication plant, or fab, in response to rising customer demand.
The second fab will begin construction by the end of this year and with both factories the site is expected to have total monthly capacity of more than 100,000 12-inch wafers to be used for automotive, industrial, consumer and high performance computing-related applications, TSMC said.
The capacity plan may be further adjusted based upon customer demand, it added.
TSMC holds a 86.5% stake in the Japanese venture, with Sony Group 6%, auto parts maker Denso 5.5% and carmaker Toyota 2%.
"News Services" POPULAR ARTICLE
-
Christmas TV Movies Are in Their Taylor Swift Era, with Two Swift-inspired Films Airing This Year
-
Nissan Plans 9,000 Job Cuts, Slashes Annual Profit Outlook
-
Japan’s Nikkei Stock Average Ends Higher as Chip-Related Shares Track Nasdaq Gains (UPDATE 1)
-
Japan’s Nikkei Stock Average Posts Biggest Weekly Gains since September (Update 1)
-
Kadokawa Shares Surge after News of Sony Acquisition Talks
JN ACCESS RANKING
- Streaming Services Boost Anime Popularity Overseas; Former ‘Geeky’ Interest More Beloved Among Gen Z than 3 Major U.S. Sports
- Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
- ‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
- APEC Leaders Vow to Maintain Free Trade System
- Neko Pitcher