Japan Aims To Invite TSMC To Build Joint Advanced Chip Manufacturing Plant: Report

- Advertisement -
  • The report said without citing sources that the government is planning to offer a total of several hundred billion yen, or equivalent to several billion dollars over multiple years to overseas chipmakers who join the project
  • Recently, TSMC said that it intends to build and operate an advanced semiconductor fab in the United States

As per a report by the Yomiuri daily, Japan is aiming to invite Taiwan Semiconductor Manufacturing Co Ltd (TSMC) or other global chipmakers in order to build an advanced chip manufacturing plant jointly with domestic chip equipment suppliers. The report said that the Japanese government aims to tap the expertise of global chipmakers to rejuvenate the domestic chip industry which is lagging. It added that advanced chip technologies have become a focal point in national security issues. The report gave no timeline for the project.

The report said without citing sources that the government is planning to offer a total of several hundred billion yen, or equivalent to several billion dollars. It will be done over multiple years to overseas chipmakers who join the project as per the report.

When Reuters contacted a TSMC spokesperson, he/ she denied there was any such plan at the moment. He/she added that the company would not rule anything out in the future. The Japanese industry ministry did not answer calls as per Reuters.

- Advertisement -

Advanced semiconductor fab in the United States

Recently, TSMC said that it intends to build and operate an advanced semiconductor fab in the United States. TSMC’s total spending on this project, including capital expenditure, will be approximately $12 billion from 2021 to 2029. government and the State of Arizona.

The facility will be built in Arizona and will be possible only after mutual understanding and commitment to support from the U.S. federal government and the State of Arizona. It will utilise TSMC’s 5-nanometer technology for semiconductor wafer fabrication and have a 20,000 semiconductor wafer per month capacity. It will also create over 1,600 high-tech professional jobs directly, and thousands of indirect jobs in the semiconductor ecosystem as per the company.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Ascend Performance Materials: Pioneering Innovation in the Electronics Sector

0
Bridging material advancements in plastics and technological progress, Ascend leads with customised solutions for a safer, reliable and greener tomorrow. Q. How would you explain...

DigiKey Expands Portfolio With 3PEAK

0
This collaboration adds amplifiers, interface components, data converters, and more, catering to industries such as communication, industrial, medical, and automotive.  In a strategic move aimed...

Buzz

Microsoft’s $1.5B AI Venture In UAE Stirs Global Interest

0
New partnership with G42 promises transformative AI advancements in emerging markets, impacting tech and geopolitics. Microsoft has announced a strategic $1.5 billion investment in UAE-based...

Tesla Power, E-Ashwa To Introduce India’s First EV With Fire Safety Tech

0
The partnership also expands to include the provision of after-sales support for electric vehicle customers by establishing a comprehensive network of sales and service...

Elektrobit Introduces EB zoneo GatewayCore Featuring Infineon’s AURIX TC4x

0
The EB zoneo GatewayCore is designed to connect hardware-dependent accelerators with the Classic AUTOSAR framework, providing adaptable support for intricate routing scenarios. Elektrobit, a premier...

Important Sectors

Tesla Power, E-Ashwa To Introduce India’s First EV With Fire Safety Tech

0
The partnership also expands to include the provision of after-sales support for electric vehicle customers by establishing a comprehensive network of sales and service...

Elektrobit Introduces EB zoneo GatewayCore Featuring Infineon’s AURIX TC4x

0
The EB zoneo GatewayCore is designed to connect hardware-dependent accelerators with the Classic AUTOSAR framework, providing adaptable support for intricate routing scenarios. Elektrobit, a premier...

Raptee’s Cell Chemistry Extends Battery Life, Says Dinesh Arjun

0
The Co-founder and CEO of Raptee disclosed that the company is currently sourcing its cells from a variety of countries. Dinesh Arjun, the Co-founder and...

AVL And Red Bull To Create High-Density Fuel Cell Technology

0
The advanced technology, featuring ultra-high power density and a lightweight design, is said to be two-thirds lighter than traditional fuel cell systems. This partnership...

Raptee Debuts First EV Motorcycle From Chennai Plant

0
Raptee Energy is gearing up for the commercial launch of its motorcycles by priming its assembly line, preparing the initial batch for testing, and...

Manufacturing

AVL And Red Bull To Create High-Density Fuel Cell Technology

0
The advanced technology, featuring ultra-high power density and a lightweight design, is said to be two-thirds lighter than traditional fuel cell systems. This partnership...

JJG Aero Secures $12 Million Investment From CX Partners

0
The Bengaluru-based aerospace components manufacturer intends to use the funds primarily to enhance vertical integration, increase production capacity at the new site, and support...

Tata Electronics Finalizes Semiconductor Agreement With Tesla

0
Ashok Chandak, the head of the India Electronics and Semiconductor Association (IESA), highlighted that Tesla’s initiative to establish a network of domestic suppliers for...

Sterling Tools Targets 40% of Sales from EV Business by FY25

0
This increase is anticipated to come from the EV business segment, which is integral to the company's strategy to diversify its operations. With a certain...

Lanxess, IBU-tec Partner To Develop Iron Oxides For EV Batteries

0
The collaboration focuses on enhancing the performance of LFP (lithium iron phosphate) cathode materials and reducing batteries' carbon footprint. Utilizing local raw materials, the...