TSMC and Sony considering joint chip factory, Japan gov't to help -Nikkei

The Nikkei reported on Friday that Taiwan's TSMC and Japan's Sony Group are contemplating partnering to establish a chip plant in Japan, with the government willing to fund a portion of the estimated JPY 800 billion ($7.15 billion) investment.

According to the article, the facility in Kumamoto, southern Japan, is planned to start producing semiconductors for vehicles, camera image sensors, and other goods that have been affected by a global chip shortage by 2024. Denso, Japan's largest car parts manufacturer, is also interested in becoming involved, according to the article, by building up equipment on the site.