On February 6, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), along with partners Sony Semiconductor Solutions Corporation (SSS), DENSO Corporation, and Toyota Motor Corporation, announced an additional investment into Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC's majority-owned subsidiary in Kumamoto Prefecture, Japan. This investment is for the construction of a second semiconductor fabrication plant (fab), which is expected to commence operations by the end of 2027. The first fab is scheduled to start operations in 2024. The total investment in JASM will surpass $20 billion, with significant backing from the Japanese government. The second fab's construction is planned to start by the end of 2024 in response to growing customer demand, aiming to enhance the cost structure and supply chain efficiency. The two...Show More

On February 6, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), along with partners Sony Semiconductor Solutions Corporation (SSS), DENSO Corporation, and Toyota Motor Corporation, announced an additional investment into Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC's majority-owned subsidiary in Kumamoto Prefecture, Japan. This investment is for the construction of a second semiconductor fabrication plant (fab), which is expected to commence operations by the end of 2027. The first fab is scheduled to start operations in 2024. The total investment in JASM will surpass $20 billion, with significant backing from the Japanese government. The second fab's construction is planned to start by the end of 2024 in response to growing customer demand, aiming to enhance the cost structure and supply chain efficiency. The two fabs at the Kumamoto site will provide a combined production capacity of over 100,000 12-inch wafers per month, catering to various sectors including automotive, industrial, consumer, and high-performance computing (HPC), with the possibility of adjusting capacity based on customer demand. The expansion is expected to create over 3,400 high-tech professional jobs. Post-investment, the equity stakes in JASM will be approximately 86.5% for TSMC, 6.0% for SSS, 5.5% for DENSO, and Toyota will acquire a 2.0% minority stake. The transaction is subject to customary closing conditions.