TSMC To Build Second Chip-Making Plant in Japan With Partners
- Toyota joins as new investor in TSMC’s Japan unit JASM
- The second plant is set to begin production in late 2027
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Taiwan Semiconductor Manufacturing Co. is expanding its output in Japan with plans to build a second chip fabrication plant, a major victory for Prime Minister Fumio Kishida as his government seeks to boost domestic chip production.
The world’s largest contract chipmaker said that Toyoto Motor Corp will also be joining as a new investor of Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC’s majority-owned manufacturing subsidiary in Kumamoto. The TSMC board approved an injection of no more than $5.26 billion in JASM, though it was not immediately clear how those funds would be used.