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TSMC is partnering with Sony on its new $7 billion chip factory in Japan


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The TSMC (Taiwan Semiconductor Manufacturing Company) logo... Photo by Walid Berrazeg/SOPA Images/LightRocket via Getty Images

TSMC is teaming up with Sony (specifically, Sony Semiconductor Solutions Corporation) on its new $7 billion chip factory in Japan, the companies jointly announced today. The new plant, as had been previously announced, will focus not on cutting edge chips but rather older 22nm and 28nm processes in an effort to meet supply shortfalls for older chips have has steadily impacted everything from cars to smartphones.

The new factory had previously been announced last month by TSMC CEO C.C. Wei, although at the time, it had yet to be approved by TSMC’s board of directors. Nikkei reports that the board has now approved the new factory under a new subsidiary, Japan Advanced Semiconductor Manufacturing, Inc. (JASM). Sony’s semiconductor group...

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