TSMC, Sony to invest $4.7 billion in joint venture for image sensors
TSM•Japan support may help fund planned capacity
In addition to the investments by Sony and TSMC, the companies said funding needed to achieve the planned production capacity is being considered on the assumption that Japanese government support will be available.
The companies first announced plans for the venture in May.
($1 = 159.3300 yen)
TSMC and Sony to form image sensor joint venture
Taiwanese chipmaker TSMC and Sony Group said on Tuesday they will form a $4.69 billion joint venture to develop and make next-generation image sensors in southern Japan, with volume production expected to start in 2029.
Sony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, including its newly constructed chip factory in Kumamoto prefecture, while TSMC will invest 282 billion yen, the companies said in a joint statement.
Kumamoto-based venture to focus on smartphone image sensors
The venture, Advanced Vision Semiconductor Manufacturing Corp, will be based in Kumamoto, where TSMC operates its Japan Advanced Semiconductor Manufacturing (JASM) chip plant.
The joint venture will serve as a core hub for the development and production of image sensors for smartphones, using advanced manufacturing technology, the companies said.
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