TSMC to build $7 bil. chip plant in Japan's Kumamoto Pref.

Taiwan Semiconductor Manufacturing Co. announced on Tuesday that it will build a $7 billion plant in Japan's southwestern prefecture of Kumamoto to help meet the global shortage of semiconductors.Construction is scheduled to begin in 2022 with production targeted to begin by the end of 2024, TSMC said in its joint announcement with Sony Semiconductor Solutions Corp., which will be a minority shareholder in the business.The foundry, which will utilize 22-nanometer and 28-nanometer processes, is expected to have a monthly production capacity of 45,000 12-inch wafers.Sony will invest some $500…READ FULL ARTICLE