Japan plans to invite TSMC to build a joint chip plant: Yomiuri

FILE PHOTO: A Taiwan Semiconductor Manufacturing Co (TSMC) logo is seen at its headquarters in Hsinchu, Taiwan, August 31, 2018. REUTERS / Tyrone Siu / File Photo

TOKYO (Reuters) – Japan aims to invite Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) or other global chip makers to build an advanced chip-making plant in conjunction with national chip equipment suppliers, the Yomiuri newspaper reported Sunday.

The Japanese government hopes to leverage the expertise of global chipmakers to rejuvenate the national chip industry as advanced chip technologies have become a focal point on national security issues, Yomiuri said.

The government plans to offer a total of several hundred billion yen, or the equivalent of several billion dollars, over several years to chipmakers abroad that join the project, the newspaper said, without citing sources. .

The report did not provide a timeline for the project.

A TSMC spokesperson denied that there was such a plan at the time Reuters contacted him, but said the company would not rule anything out in the future. The Japanese industry ministry did not answer calls.

TSMC, the world’s largest contract chip maker, unveiled plans in May for a $ 12 billion plant in the United States in an apparent victory for the Trump administration’s efforts to fight global technology supply chains. from China.

Report by Makiko Yamazaki; Jacqueline Wong and Elaine Hardcastle edition

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