Taiwanese chip manufacturer TSMC and Sony Group announced on Tuesday the formation of a $4.69 billion joint venture (The venture, Advanced Vision Semiconductor Manufacturing Corp), aimed at developing and manufacturing next-generation image sensors in southern Japan.
In a joint statement, the companies announced that Sony will be the controlling shareholder, investing $2.92 billion through cash and asset transfers, including its new chip factory in Kumamoto prefecture. TSMC will invest 282 billion yen.
The joint venture will act as a central hub for developing and manufacturing smartphone image sensors, utilizing advanced technology, according to the companies.
Sony will lead development of core image sensor technologies as well as product planning and design, while the venture will use TSMC’s advanced process technology and manufacturing expertise.
In addition to the investments by Sony and TSMC, the companies saidIn addition to the investments by Sony and TSMC, the companies said funding necessary to reach the planned production capacity is being considered based on the assumption that support from the Japanese government will be available. funding needed to achieve the planned production capacity is being considered on the assumption that Japanese government support will be available.
Volume production is anticipated to begin in 2029.
By CEO NA Editorial Staff
