Kyodo News (January 13) reported TSMC is considering building a second chip factory in Japan. This follows an $8.6 billion plant being built in Kumamoto Prefecture. The company’s chief executive officer said on Thursday.
Mr. CC Wei, CEO or CEO of Taiwanese semiconductor company Taiwan Semiconductor Manufacturing Co (TSMC) said on Thursday that TSMC is evaluating the possibility of a European facility. Amid growing demand for a more geographically diverse supply chain
“Customer requests and support from the Japanese government will be an important factor in deciding on a second plant in Japan.”
TSMC posted record revenue in 2022, driven by strong demand for 5G network equipment chips and PCs.
TSMC said net profit rose 70.4 percent from 2021 to a record NT$1.02 trillion ($33.5 billion), as sales soared 42.6 percent to a record NT$2.26 trillion in the year.
TSMC is building a factory in Kikuyo, Kumamoto, with plans to employ a total of about 1,700 people, including 320 people on loan from TSMC.
said senior management His company aims to start production at the Kumamoto factory at the end of December 2024.
Sony Group Corp. and Denso Corp., major Japanese auto parts producers are also investing in a plant in Kumamoto along with financial support from the Japanese government.
Taiwanese chip maker considering second factory As the government ramps up its efforts to support the supply chain for critical components such as semiconductors. for the economic stability of the country
Wei said the global chip market is expected to shrink by about 4 percent this year, but TSMC’s advanced technology will help it maintain stable revenue.
Wendell Huang, Chief Financial Officer, said: The chip maker will cut capital spending to $32 billion to $36 billion this year from $36.3 billion in 2022, as global inflation and intense competition with rivals have created a turbulent business environment.
