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HomeLatest NewsSony to build new chip plant to boost production in Japan

Sony to build new chip plant to boost production in Japan

Date: March 1, 2024 Time: 23:59:35

The Japanese technology conglomerate Sony and the Taiwan Semiconductor Manufacturing Company (TSMC) announced two years ago the construction of a joint plant in Japan to produce microchips. Today, Thursday, the same company will build a second chip plant in southern Japan, specifically in Kumamoto, according to Efe.

This second plant will be dedicated to the manufacture of sensors for telephones that it hopes to put into operation in 2025, the company reported this Thursday. On the other hand, the ad published in the report was for a 270,000-square-meter piece of land. All this comes a month after the Asian country said it wanted to triple its sales in the chip market in the next seven years and face geopolitical risks with local production.

On the other hand, regarding the facilities, today in Kumamoto, which employs some 3,300 people, produces sensors for smartphones, vehicles and industrial equipment; In addition, the group is the world’s largest supplier of CMOS image sensors, used in cameras for smartphones and automobiles.

His goal, to expand sales

On the other hand, as detailed by the local newspaper Nikkei, in 2021 the Japanese company had a 44% market share. However, the position of its South Korean rival, Samsung Electronics, continues to rank below Sony, with 18%.

The Asian country has been announcing several projects to expand semiconductor sales to 15 trillion yen (103 billion euros) by 2030, according to the new strategy presented Monday by the Japanese Ministry of Economy, Trade and Industry (METI).

In addition, from METI they also perceive the importance of a stable advanced chip supply chain so that they can be used in a new generation of industries, such as artificial intelligence (AI) or autonomous driving.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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