Tech giants TSMC and Sony to invest billions in advanced chip sensor plant

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Sony Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) announced plans to invest approximately $6.3 billion in a joint venture to build an advanced image sensor manufacturing plant in Japan. The investment aims to strengthen chip production capabilities amid growing demand for sophisticated sensors.

Sony Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) are planning to invest around $6.3 billion (€5.4bn) in a joint venture to produce advanced image sensors in Japan, according to Nikkei.