Sony, TSMC to spend $6.3 billion to jointly make image sensors: Report

TOKYO: Sony Group and Taiwan’s TSMC plan to spend around 1 trillion yen ($6.32 billion) to jointly make next-generation microchips used in image sensors, the Nikkei business daily said ‌on Monday.

A ⁠joint ⁠venture owned about 60% by Sony and 40% by TSMC will start commercial production as early as 2029 in southern Japan’s Kumamoto prefecture, the paper said. The two tech giants said in ⁠May they ‌planned to form a joint venture in Japan to develop ⁠and manufacture next-generation image sensors, combining Sony’s sensor design expertise with TSMC’s manufacturing and process technology strengths.