Sony to invest $500 mln in TSMC's new Japan chip plant venture
The Hindu
The project has "strong support from the Japanese government," they added, although they did not say whether that included financial backing.
Sony Group on Tuesday said it will invest about $500 million in a joint venture with Taiwan Semiconductor Manufacturing Co's (TSMC) that will build a $7 billion chip plant in Japan.
Construction of the factory, which local media last month said will supply semiconductors to Sony's image sensor business, will begin in 2022, with production slated to begin at the end of 2024, the companies said in a press release.
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