Sony, TSMC Reach Preliminary Deal on Image Sensor Partnership

MT Newswires Live16:22

Sony Group (TYO:6758) said its semiconductor unit signed a preliminary agreement with Taiwan Semiconductor Manufacturing (TPE:2330) to form a strategic partnership for developing and manufacturing next-generation image sensors, according to a Friday filing on the Tokyo Stock Exchange.

Sony Semiconductor Solutions and TSMC plan to establish a joint venture in which Sony will hold a majority stake to build development and production lines at Sony's new plant in Kumamoto Prefecture, Japan.

The partnership will combine Sony's image sensor design capabilities with TSMC's semiconductor manufacturing and process technologies to improve sensor performance and support applications in areas such as automotive and robotics, the companies said.

The companies are discussing phased investments tied to market demand, including additional spending at Sony's Nagasaki plant, with plans contingent on support from the Japanese government.

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