Japanese Semiconductor Industry's Collaboration with Taiwan Semiconductor Manufacturing Company

On 17 December 2021, Japan granted administrative approval to Taiwan Semiconductor Manufacturing Co Ltd (TSMC) to build a US$7 billion semiconductor chip-manufacturing foundry in Japan. The collaboration between the Sony Group and the world's No. 1 Taiwanese chipmaker is named Japan Advanced Semiconductor Manufacturing, Inc. and will provide foundry service with 22/28-nanometre capability. This joint venture has taken off due to mutual commercial interest and support from the Japanese and Taiwanese authorities.