Business | Feb 07

TSMC Announces Construction of Second Japanese Semiconductor Plant in Kumamoto

TOKYO, Feb 07 (News On Japan) - Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, officially announced on the evening of the 6th that it will build its second semiconductor factory in Japan, in partnership with Sony Group and others, in Kumamoto Prefecture. Toyota Motor Corporation has newly invested in the operating company, and the combined investment for the first factory currently under construction and the new facility exceeds $20 billion, or more than 2.96 trillion yen. The second factory is scheduled to start construction by the end of 2024 and aims to begin operations by the end of 2027.

Kumamoto Governor Ikuo Kabashima released a statement on the evening of the 6th regarding TSMC's formal announcement to construct its second semiconductor factory in Kumamoto Prefecture. In his remarks, Governor Kabashima expressed his joy and welcome, saying, "I am very pleased and sincerely welcome this day, which we have been eagerly awaiting." He further stated, "I believe this is a historic decision that marks a significant advance towards the realization of a new Silicon Island in Kyushu and the goal of playing a part in Japan's economic security. The prefecture will speed up environmental preparations, such as alleviating traffic congestion on surrounding roads and addressing water intake and drainage, to ensure that the second factory is smoothly integrated, with the entire prefectural office working as one."

Source: NHK

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