TSMC (2330), Sony Semiconductor Solutions Corporation (SSS), Denso Corporation, and Toyota Motor Corporation today (6) announced a further investment in JASM, a wafer manufacturing subsidiary in Kumamoto Prefecture, Japan, in which TSMC has a majority stake in Japan, to build a second fab, which is scheduled to start operations by the end of 2027.
Among them, Toyota Motor Corporation will also invest in a minority stake in JASM. JASM's first fab is scheduled to start production in 2024, and with the strong support of Japan**, the total investment in JASM will exceed $20 billion.
TSMC said that in order to respond to the growth of customer demand, JASM's second wafer fab in Japan is planned to start construction by the end of 2024, and the expansion of production scale is also expected to optimize the overall cost structure and chain efficiency of JASM. With these two fabs, the total monthly production capacity of JASM Kumamoto Fab is expected to exceed 100,000 12-inch wafers, providing 40nm, 22 28nm, 12 16nm and 6 7nm process technologies for automotive, industrial, consumer and high-performance computing (HPC) related applications. Capacity planning is likely to be further adjusted based on customer demand, and the Kumamoto fab is expected to directly create a total of more than 3,400 high-tech professional jobs.
Through this investment, TSMC, Sony Semiconductor Solutions Corporation, Denso Corporation and Toyota Motor Corporation will each hold about .5% and 2% stake in JASM. Closing conditions for JASM, TSMC, Sony Semiconductor Solutions Corporation, Denso Corporation and Toyota Motor Corporation follow general transaction practices.