{"id":87150,"date":"2023-11-21T13:51:20","date_gmt":"2023-11-21T18:51:20","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/tsmc-plans-third-plant-in-japan-amid-aggressive-tech-push\/"},"modified":"2023-11-21T13:51:21","modified_gmt":"2023-11-21T18:51:21","slug":"tsmc-plans-third-plant-in-japan-amid-aggressive-tech-push","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=87150","title":{"rendered":"TSMC plans third plant in Japan amid aggressive tech push"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Taiwan Semiconductor Manufacturing Co. (TSMC) is considering the addition of a third plant in Kumamoto, Japan, which may produce cutting-edge 3-nanometer chips for major clients such as <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Nvidia Corp <\/span><\/span>. (NASDAQ:) and Apple Inc (NASDAQ:). This move aligns with Japanese Prime Minister Fumio Kishida&#8217;s robust drive for technological investments. However, the start dates for the plant remain unclear, with concerns that by the time it launches, newer technologies might surpass the planned advancements.<\/p>\n<p>Japan&#8217;s proactive approach to semiconductor manufacturing is further emphasized by Rapidus Corp.&#8217;s efforts to enter the sub-5nm chip market, a direct response to the delayed funding allocation from the U.S. Chips Act. TSMC&#8217;s projected $20 billion investment in its Japan venture could be significantly reduced through Japanese government subsidies. The company is already moving forward with <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Sony <\/span><\/span> (NYSE:) Group Corp.-supported facilities expected to commence production of advanced chips by late 2024, with ambitions to initiate finer-scale production by 2025.<\/p>\n<p>Despite challenges such as land scarcity that could hinder expansion outside Kumamoto, TSMC&#8217;s strategy indicates a strong commitment to global diversification. This is crucial given the geopolitical tensions surrounding Taiwan Strait relations. The strategic importance of Japan&#8217;s semiconductor sector is evidenced by corporate interest from companies such as Powerchip Semiconductor Manufacturing Corp., Samsung Electronics (KS:) Co., and Micron Technology Inc (NASDAQ:).<\/p>\n<p>Cross-industry collaborations are also taking shape, with companies like Denso Corp. contributing to economic growth prospects. According to SMBC Nikko Securities&#8217; analysis, these developments are set to significantly boost the GDP of the Kyushu region, which includes Kumamoto, showcasing Japan&#8217;s increasing value in the global tech landscape and TSMC&#8217;s comprehensive strategy for worldwide market presence amidst ongoing uncertainties.<\/p>\n<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&amp;C.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/tsmc-plans-third-plant-in-japan-amid-aggressive-tech-push-93CH-3239640\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. Taiwan Semiconductor Manufacturing Co. (TSMC) is considering the addition of a third plant in Kumamoto, Japan, which may produce cutting-edge 3-nanometer chips for major clients such as Nvidia Corp . (NASDAQ:) and Apple Inc (NASDAQ:). This move aligns with Japanese Prime Minister Fumio Kishida&#8217;s robust drive for technological investments. However, the start dates [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-87150","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TSMC plans third plant in Japan amid aggressive tech push | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Taiwan Semiconductor Manufacturing Co. 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