Market Chatter: Sony, TSMC Plan 1 Trillion Yen Image Sensor Semiconductor JV in Japan

MT Newswires Live11:39

Sony Group (TYO:6758) plans to launch a 1 trillion-yen joint venture with Taiwan Semiconductor Manufacturing or TSMC (TPE:2330) to produce next-generation image-sensor semiconductors in Japan, Nikkei reported Monday.

The Japanese technology company is expected to own about 60% of the new joint venture, with TSMC holding the remaining 40%, while mass production in Kumamoto Prefecture is targeted as early as 2029, the report said.

The joint venture is expected to supply high-performance camera sensors to Apple for iPhones.

Sony Group and TSMC did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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