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Microchip manufacturing giant TSMC to set up a factory in Japan – Last Minute Business News

At an online investment conference, CC Wei, Chief Executive Officer (CEO) of TSMC from Taiwan, spoke about his new investment.

CEO Wei said they will build an advanced microchip manufacturing factory in Japan in 2022 and commission the facility in 2024: “We have received strong commitments from both the Japanese government and our customers to support this project.” called.

Wei stated that expanding the company’s global manufacturing facilities will both improve its capabilities and meet the needs of its customers.

According to the Kyodo Agency, Japanese Prime Minister Kishida Fumio said the new factory would contribute to his country’s “economic security”.

Prime Minister Kishida announced that the Japanese government will also fund the project, in which TSMC will invest around 1 trillion yen ($ 8.8 billion).

Hagiuda Koi├ži, Minister of Economy, Trade and Industry, said: “It is very important to enable the local production of semiconductors.” the sentences used.

The production facility, which is to be operated with the Japanese electronics giant Sony, is intended to close the supply gap for semiconductor chips in various areas, including the automotive sector.

Accordingly, TSMC plans to build its new factory next to Sony’s image sensor facilities in the Kikuyo district in southwest Kumamoto Prefecture.

At this factory, TSMC will manufacture 22- and 28-nanometer chips that are used in automotive and consumer electronics.

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