Categories: Business

TSMC plans $17 billion investment in 3-nanometre chip production in Japan, Yomiuri reports

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TDG Syndication

TOKYO, Feb 5 (Reuters) – TSMC plans to mass produce advanced 3-nanometre chips in Kumamoto in southern Japan with investment totalling $17 billion, Japanese newspaper Yomiuri reported on Thursday. Japan's government, which has subsidised Taiwan's leading chipmaker to build out capacity in Kyushu, is considering additional support for the new investment plan, Yomiuri reported. TSMC had planned to invest $12.2 billion on 6-12 nanometer chipmaking capacity at its second fab in Kyushu but will discuss changes to the plan with Japan's government, Yomiuri reported. TSMC did not immediately respond to a request for comment. Japan is also heavily subsidising homegrown foundry venture Rapidus, which will produce cutting-edge chips on the northern island of Hokkaido. The government has determined the two companies' chips will have different uses and will not be in competition, Yomiuri reported. Securing access to chips, which are critical for electronics, automotive and defence industries, has become a priority for governments around the world. (Reporting by Kantaro Komiya; Editing by Chris Reese & Shri Navaratnam)

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TDG Syndication
Published by TDG Syndication