According to Taiwan’s “Economic Daily”, industry insiders revealed on November 8 that TSMC’s board of directors will sign a new foundry with a $5 billion investment in Japan at a meeting this week to meet the growing demand for chips in the automotive industry and industrial applications. demand.
According to reports, the new factory, which will produce 22nm and 28nm chips, will begin construction in 2022 and mass production by the end of 2024.
The report pointed out that not only Sony, but also Toyota’s Denso and Mitsubishi Electric are interested in evaluating the participation of TSMC’s joint venture partners in Japan.
Sony Chief Financial Officer Hiroki Totoki also mentioned in the previous financial report performance conference that he will continue to discuss with TSMC and the Ministry of Economy, Trade and Industry of Japan on investment and establishment of factories, and Sony has also discussed with TSMC on how to deepen cooperation.
As the global chip shortage intensifies, TSMC has expanded the scale of its factories. In May last year, the company announced a $12 billion plant in Arizona. According to people familiar with the matter, the first 12-inch fab will be located in Phoenix, and it is expected to be mass-produced in 2024, mainly producing 5nm process chips.