- Taiwan Semiconductor Manufacturing Company Ltd TSM be balanced building second chip factory in Japan in southwestern Kumamoto Prefecture with an investment of over 1 trillion yen ($7.4 billion).
- The vital apple inc AAPL The supplier’s second plant is expected to be completed in the late 2020s and could use more advanced 5nm or 10nm manufacturing processes, Bloomberg reports.
- TSMC’s first plant in Japan, which is expected to be operational by the end of 2024, is also located in Kumamoto.
- TSMC is reportedly in negotiations for government subsidies and customer investments.
- Washington has agreed to provide over $50 billion in incentives for chipmakers to set up operations in the US. At the same time, Japan is likely to provide similar subsidies to expand its Basis of semiconductor production.
- TSMC proposed to work with Sony Group Corp SONY on your new plants in Japan.
- Price promotion: TSM shares closed up 3.74% on Thursday at $90.08.
© 2023 Benzinga.de. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story
