TSMC, Taiwan, and Sony Semiconductor Solutions Corp. (SSS), Japan, announced that TSMC will establish a subsidiary, Japan Advanced Semiconductor Manufacturing Inc. (JASM), in Kumamoto, Japan to provide foundry service with initial technology of 22/28-nanometer processes to address strong global market demand for specialty technologies, with SSS participating as a minority shareholder.
Construction of JASM’s fab in Japan is scheduled to begin in 2022 with production targeted to begin by the end of 2024. The fab is expected to directly create about 1500 high-tech professional jobs and to have a monthly production capacity of 45,000 12-inch wafers. The initial capital expenditure is estimated to be approximately US$7 billion with strong support from the Japanese government.
Under agreements reached between TSMC and SSS, SSS plans to make an equity investment in JASM of approximately US$0.5 billion, which will represent a less than 20% equity stake in JASM.
TSMC’s Japan fab is the latest chapter in its long history of contribution to Japan’s semiconductor ecosystem since establishing its TSMC Japan subsidiary in 1997. More recently, TSMC set up the Japan Design Center in 2019 to serve its global customers and is now working with Japanese partners to expand the frontiers of advanced packaging technology with the 3DIC Research Center in Ibaraki Prefecture.
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Sony Semiconductor Solutions Corporation
TSMC
