TSMC plans chip plant in Japan, says supply shortages easing

Taiwan Semiconductor Manufacturing Corp. says it plans to build a computer chip factory in Japan

Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan.

TSMC’s CEO C.C. Wei said the company, the world’s biggest contract producer of semiconductors, was expanding to better serve its customers and enhance its competitive advantage.

“After conducting due diligence, we announce our intention to build a specialty technology fab plant in Japan, subject to our board of directors' approval," We said.

The project has a “strong commitment” from both TSMC’s customers and the Japanese government, he said. Wei said details would be released later.