The TSMC board approved an injection of no more than US$5.26 billion in JASM, though it was not immediately clear how those funds would be used.
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Biden tours new Taiwanese chip-making plant in Arizona, fans US-China semiconductor rivalry
Biden tours new Taiwanese chip-making plant in Arizona, fans US-China semiconductor rivalry
TSMC’s second fab in Japan is scheduled to begin operation by the end of 2027.
TSMC is already considering a third Japanese factory using the even more advanced 3-nm tech, Bloomberg has reported.
The chip maker said the two factories in the Kumamoto site will have a total monthly production capacity of more than 100,000 12-inch wafers and create over 3,400 hi-tech jobs.
Competitive pay at TSMC plant may ripple across Japan, beat inflation
Competitive pay at TSMC plant may ripple across Japan, beat inflation
Japan’s Ministry of Economy, Trade and Industry is preparing some ¥2 trillion (US$13 billion) in subsidies to drive chip investments in a bid to regain its status as a major semiconductor power, with TSMC already having received some grants.
With the latest investment, TSMC, Sony, Denso and Toyota will each hold about 86.5 per cent, 6 per cent, 5.5 per cent and 2 per cent, respectively, in JASM.
TSMC’s Arizona chip fab, touted by Biden, battles delays and doubts
TSMC’s Arizona chip fab, touted by Biden, battles delays and doubts
Meanwhile, TSMC and Taiwanese government officials have repeatedly said the Japan site is progressing smoothly.
TSMC’s board on Tuesday also approved a capital injection of no more than US$5 billion in its wholly-owned subsidiary in Arizona.