TSMC and Sony Considering Joint Chip Factory, Japan Government to Help: Nikkei

TSMC and Sony Considering Joint Chip Factory, Japan Government to Help: Nikkei
A logo of Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is seen at its headquarters in Hsinchu, Taiwan, on Aug. 31, 2018. Tyrone Siu/Reuters
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TOKYO—Taiwan’s TSMC Ltd. and Japan’s Sony Group Corp. are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday.

The plant in Kumamoto, southern Japan, is expected to produce semiconductors for automobiles, camera image sensors, and other products which have been hit by a global chip shortage, and is likely to start operations by 2024, the report said.