36.1 C
Delhi

TSMC receives govt’s nod to set up new chip plant in Japan

The world’s number one contract semiconductor manufacturer TSMC is eyeing to expand its presence among multiple countries including the US, other Asian countries like Japan.

Well, this rumour of setting up a chip plant in one of the most technologically advanced countries ought to become as Reuters have reported Taiwan Semiconductor Manufacturing Co Ltd has received approval to set up a chip plant in Japan.

The fact has been confirmed by Taiwan’s investment commission of the ministry of economic affairs that approved the investment. Previously, TSMC declared it would make a $7 billion chip plant in Japan with a partnership with Sony Group.

“The technology that will be used in TSMC’s new plant in Japan is lagging behind what has been applied in Taiwan for at least one generation or more. There should be no doubts about high-end technology outflow,” said the investment commission in the statement.

- Advertisement -TechnoSports-Ad

We do not exactly know which type of fab or process will be made at this Japan chip plant, however, even though it might not produce the latest fabs but still from an economical standpoint, Japan is a very suitable place for TSMC to invest.

As Reuters pointed out, Taiwan could become the frontrunner to end this never-ending chip shortage that has even hurt automotive production to consumer electronics. The supplier of Apple is keen to take advantage of the shortage and increase its lead by setting up this new plant in Japan or even its upcoming plant in Arizona.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Top 10 Most Popular Chocolate Brands in India

The Top 10 Most Popular Chocolate Brands in India - Everything You Need to Know Chocolate indulgence is a universal passion, and in India, it's...

How do I upgrade my Voot Select membership to JioCinema Premium? (April 29)

How do I upgrade my Voot Select membership to JioCinema Premium? All You Need to Know As we all know, Voot by Viacom18, a subsidiary...

How late is the closest grocery store opening in 2024?

A Complete Guide to Find How Late is the Closest Grocery Store Opening If you are looking for groceries and wondering how late the closest...

New Movie Tamil Download on April 29, 2024: Best Guide

New Movie Tamil Download in 2024: All You Need to Know Tamil movies are popular for their vibrant visuals, captivating music, and engaging narratives. In...