Friday, 24 March, 2023
Sony, TMSC to build a new fab in efforts to ease global chip shortage
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<p>Sony and TMSC join hands to build a $7B fab in Japan which is expected to mass-produce chips by 2024. This fab will focus on producing chips with 22 and 28nm processes, this will help ease the current global chip shortage. Sony invested $500M in this venture which gave them a 20% equity stake, the rest of the sum was invested by TMSC. TMSC's board also said that they would separately invest $9B in constructing more fabs to produce 7nm and 28nm process chips.<br /> </p>
Read full story at Business Standard
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