TSMC has announced the establishment of its second chip manufacturing plant in Japan. Located in Kumamoto prefecture, this new facility is set to begin construction in late 2024, with the goal of starting production in 2027. Meanwhile, the first plant is scheduled to kick off production by 2024.
Operating under the name Japan Advanced Semiconductor Manufacturing (JASM), TSMC’s subsidiary holds a majority stake of 86.5%, with Sony, Denso, and Toyota also being shareholders with stakes of 6%, 5.5%, and 2%, respectively.
Once both plants are fully operational, they will have a combined production capacity of 100,000 wafers per month. This expansion will also create 3,400 high-tech job opportunities in Japan.
In summary, TSMC is unveiling plans to construct a second chip manufacturing plant in Kumamoto, Japan. This expansion, led by its subsidiary JASM, will significantly boost production capacity and employment opportunities in the country’s high-tech sector.
TLDR: TSMC is building a second chip plant in Japan, which will enhance production and generate high-tech jobs.
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