Japanese companies to develop chipmaking technology with TSMC -Nikkei

Reuters2021-05-31

About 20 Japanese companies, including electronic component maker Ibiden Co, will work with Taiwan Semiconductor Manufacturing Co to develop chip manufacturing technology in Japan, the Nikkei newspaper reported.

Japan's government will pay half of the 37 billion yen ($337 million) cost of a research facility, The Nikkei said, without disclosing its sources.

TSMC in February said it will spend about $178 million to open a material research subsidiary near Tokyo. Japan wants to cooperate with the Taiwanese company to help its semiconductor manufacturers to stay competitive as chip demand grows with the expansion of 5G infrastructure, autonomous driving technology, data centres and artificial intelligence (AI).

Ibiden and TSMC did not immediately respond to requests for comment.

($1 = 109.7000 yen)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
4