Sony and TSMC announced plans to build a $7B chip plant in Japan by 2024. ~ RN in TECH

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Nov 9, 2021

Sony and TSMC announced plans to build a $7B chip plant in Japan by 2024.
Sony will invest $500M for a 20% stake in the new Taiwan Semiconductor Manufacturing Company (TSMC) subsidiary, called Japan Advanced Semiconductor Manufacturing. It will fill a gap in demand for less-advanced chips that are commonly used in smartphones and cars, in order to ease the strained global supply chain for semiconductors. Link