TOKYO (Reuters) – Taiwan’s TSMC and Japan’s Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday. Both Sony and TSMC declined to comment, while Denso was not immediately available to comment. TSMC, the world’s largest contract chipmaker and major Apple Inc supplier had said in July that it was reviewing a plan to set up production in Japan. TSMC has been concerned about the the concentration of chipmaking capability in Taiwan, which produces the majority of the world’s most advanced chips. Japanese officials are also worried about the supply chain stability of its industries, with a global chip shortage forcing automakers to cut production.

Source: MetroXpress October 08, 2021 11:00 UTC