TSMC, Sony Semiconductor Solutions to establish image sensor joint venture in Kumamoto

Taiwan Semiconductor Manufacturing (TSMC) and Sony Semiconductor Solutions Corp., on Friday, announced plans to establish a joint venture in Kumamoto, Japan, to develop and produce next-generation image sensors.

According to a report by Focus Taiwan, the two companies signed a non-binding memorandum of understanding (MOU) to facilitate the partnership. Under the proposed terms, Sony held a majority controlling stake in the new joint venture. The project focused on building dedicated development and production lines within Sony’s newly constructed fabrication plant located in Koshi City, Kumamoto.