Japan Advanced Semiconductor Manufacturing (JASM), TSMC’s majority-owned subsidiary in Japan, will open its second factory in the Kumamoto Prefecture.

Together with JASM’s first facility in the region, the total investment will exceed $20bn with support from the Japanese Government. The new factory will create 3,400 high-tech professional jobs and have a total production of more than 100,000 12in wafers each month, which will be used for automotive, industrial consumer and high-performance computing-related applications.

News of a second factory in Japan comes on the back of an already planned chipmaking plant in Kumamoto prefecture, set to begin operations on 24 February. TSMC is a Taiwan-based chipmaking manufacturer with a 56.4% share in all the chips traded worldwide. Its clients include Apple and NVIDIA.

“We are building a special technology fab in Kumamoto that will utilise 12 and 16-nanometre and 22/28-process technologies,” TSMC chairman Mark Liu said. “We will hold an opening ceremony on 24 February next month, and volume production is on track for the fourth quarter of 2024.”

TSMC retains an 86.5% equity state in the two Kumamoto facilities. The remaining percentages are taken by Semiconductor Solutions Corporation (6%), Denso Corporation (5.5%) and Toyota Semiconductor Manufacturing (2%).

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