TSMC and Sony Launch $4.69 Billion JV to Build Next-Generation Image Sensor Plant in Japan
TSMC and Sony announced they will create a joint venture valued at 465 billion yen from Sony and 282 billion yen from TSMC (totaling ¥747 billion, about $4.69 billion) to develop and manufacture next-generation image sensors in southern Japan. The venture, to be named Advanced Vision Semiconductor Manufacturing Corp, will be headquartered in Kumamo…