Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
TSMC Trillion Dollar Valuation
PhotoNews Pakistan > Business > TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply
Business

TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply

Web Desk
By Web Desk Published February 24, 2024 1 Min Read
Share
TSMC's New Japan Chip Factory. Photo: Retail News Asia
SHARE

Morris Chang, founder of TSMC, announced at the inauguration of their $8.6-billion chip plant in Japan to ensure global chip supply stability.

TSMC, a leading chip producer for major clients like Apple and Nvidia, accounts for half the global chip production. The move to diversify production locations comes amid rising tensions between China and Taiwan, with the latter being a crucial chip manufacturing hub. The Japanese plant is expected to enhance chip supply resilience globally and revive Japan’s semiconductor manufacturing.

Japan, with its negative interest rates, has not been a popular destination for foreign banks looking to expand, but the chip boom and the presence of TSMC, which is opening a plant in Kumamoto, has changed that.https://t.co/sgEq600e4G

— Nikkei Asia (@NikkeiAsia) February 24, 2024

The facility represents TSMC’s major international investment, strengthening Taiwan-Japan political ties amidst Chinese pressures. Japan’s Prime Minister Fumio Kishida highlighted the plant’s role in TSMC’s global strategy and its potential to invigorate Japan-Taiwan economic relations.

TSMC's new plant in Japan will boost the resilience of global supplies of the crucial hardware, the Taiwanese giant's founder Morris Chang said Saturday at an opening ceremony. https://t.co/MJYXnrlG9c

— The Japan Times (@japantimes) February 24, 2024

Despite Japan’s declining global chip market share, the country offers substantial subsidies to regain prominence in the semiconductor industry. TSMC’s expansion into Japan, supported by significant government investment and partnerships, is part of a broader strategy to establish production in the U.S. and Europe, leveraging Japan’s geographical proximity and industry experience.

This initiative showcases TSMC’s efforts to mitigate geopolitical risks and Japan’s commitment to revitalizing its semiconductor sector.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Meta AI coding interviews 2025

Meta Introduces AI-Enabled Coding Tests to Job Interviews

Hokkaido Tsunami Waves

Tsunami Waves Hit Hokkaido After Major Earthquake in Kamchatka

Keanu Reeves stolen watches recovered

Chilean Authorities Recover and Return Keanu Reeves’ Stolen Watches

Post Archives

More Popular from Photonews

Qatar permanent residency 2025
World

Qatar Permanent Residency 2025: Eligibility, Process, and Benefits Explained

3 Min Read
Adil Raja Defamation Case
Pakistan

Adil Raja Defends Public Interest Claims in UK Defamation Trial Against Rashid Naseer

3 Min Read
State Bank of Pakistan policy rate 2025
Pakistan

State Bank of Pakistan Maintains Policy Rate at 11%

3 Min Read
Top NewsWorld

Air India Releases Rs25 Lakh Compensation to 166 Families of AI171 Crash Victims

Air India has announced that it has disbursed interim compensation of ₹25 lakh to the families…

July 27, 2025
Sports

Charley Hull Outdrives Collin Morikawa in Playful TaylorMade Golf Challenge

Two-time major winner Collin Morikawa boasts one of the PGA Tour’s purest swings, but Charley Hull…

July 30, 2025
Sindh

TikTok Star Sumeera Rajput Found Dead in Ghotki: Poisoning Suspected

TikTok content creator Sumeera Rajput, who had over 58,000 followers, was found dead at her residence…

July 25, 2025
Punjab

BISE Rawalpindi and Lahore Announce Matric 2025 Position Holders

The Board of Intermediate and Secondary Education (BISE) Rawalpindi announced the Matric 2025 position holders on…

July 25, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?