Investment plan

TSMC’s fab investment plan in Japan approved

An investment plan by Taiwan Semiconductor Manufacturing Co (TSMC,) to establish a plant in Japan was approved on Monday by the Investment Commission, which hailed it as a milestone in high-tech cooperation between the two countries.

The commission said it had approved the investment plan to allow TSMC to help secure a stable supply of wafers for Japanese customers.

As Taiwan remains ahead of Japan by at least a generation in chip production technology, “there should be no fear of leakage regarding high-end chip processing technology,” the commission said.

As part of the project, TSMC is to spend 237.8 billion yen (US $ 2.09 billion) to establish a joint venture, Japan Advanced Semiconductor Manufacturing Inc (JASM), with Sony Semiconductor Solutions Corp (SSS) in the prefecture of Kumamoto to provide foundry services with initial 22-28 nanometer process technology to meet the strong demand in the global market for specialized technologies.

Based on the agreements between TSMC and SSS, TSMC expects to own up to 81 percent stake in JASM.

Construction of JASM’s manufacturing plant in Kumamoto is slated to begin next year, with mass production slated to start in 2024.

The plant would directly create around 1,500 professional high-tech jobs and have a monthly production capacity of 45,000 12-inch wafers.

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