Dan’s Biz Bookshelf: ‘Believe in Better'
The Big Picture: Our Big ‘Why’ in the Age of AI
The Chemical Connection: Through-glass Vias in Glass Substrates
DENSO to Take Minority Stake in JASM
February 15, 2022 | JCN NewswireEstimated reading time: 1 minute
TSMC, Sony Semiconductor Solutions Corporation (SSS) and DENSO Corporation announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will hold a more than 10% equity stake in JASM.
Construction of JASM's fab in Japan is scheduled to begin in the 2022 calendar year with production targeted to begin by the end of 2024. To support market demand, TSMC will also enhance JASM's capabilities with 12/16 nanometer FinFET process technology in addition to the previously announced 22/28 nanometer process and increase monthly production capacity to 55,000 12-inch wafers. With the additional capacity, the total capital expenditure for JASM's Kumamoto fab is estimated to be approximately US$8.6 billion with strong support from the Japanese government. The fab is expected to directly create about 1,700 high-tech professional jobs.
The closing of the transaction between JASM and DENSO is subject to customary closing conditions.
"TSMC is very glad to welcome DENSO's participation in JASM to enable fresh innovations in the future of transportation together," said Dr. CC Wei, Chief Executive Officer of TSMC. "JASM is not only an opportunity for TSMC to support growing market demand for specialty technologies, it enables us to leverage Japan's top-notch semiconductor talent and contribute to the growth of the global semiconductor ecosystem."
"While the global demand for semiconductors is expected to grow, we expect JASM to contribute to securing a stable supply of logic wafers, not only for us but also the overall industry," said Terushi Shimizu, President and CEO of Sony Semiconductor Solutions Corporation. "We are very pleased to have DENSO as a new member, and we look forward to working with them to support the launch of JASM."
"Semiconductors are becoming increasingly important in the automotive industry as mobility technologies evolve, including automated driving and electrification," said Koji Arima, President and CEO of DENSO Corporation. "Through this partnership, we contribute to the stable supply of semiconductors over the medium to long term and thus to the automotive industry."
Share on:
Suggested Items
IBM, RIKEN Unveil First IBM Quantum System Two Outside of the U.S.
06/24/2025 | IBMIBM and RIKEN, a national research laboratory in Japan, today unveiled the first IBM Quantum System Two ever to be deployed outside of the United States and beyond an IBM Quantum Data Center.
CIMS to Exhibit at JPCA Show 2025
05/28/2025 | CIMSCIMS is excited to announce our participation at JPCA 2025 in Tokyo, Japan! Join us from June 4-6.
Honeywell Expands Defense Modernization Efforts in Japan with New Aerospace Technologies
05/26/2025 | HoneywellHoneywell announced the expansion of its support for Japan’s defense modernization efforts with the delivery of advanced aerospace systems for two key helicopter programs. These latest awards expand Honeywell’s footprint in Japan’s defense sector and reinforce the company’s commitment to mission readiness and long-term operational performance.
Roke, Kaigai Expand Partnership to Deliver Cutting-Edge Electromagnetic Warfare and AI Surveillance to Japanese Defence Market
05/26/2025 | RokeRoke, a UK company that stands at the forefront of defence and security, and Kaigai Corporation have announced an expansion of their strategic partnership, significantly increasing the availability of Roke’s cutting-edge products and services to the Japanese market.
Lockheed Martin, Fujitsu Strengthen Japan Industry Collaboration with SPY-7 Supplier Selection and Strategic Agreements
05/23/2025 | JCN NewswireLockheed Martin, a global leader in the development and delivery of cutting-edge radar solutions, and Fujitsu Limited, a Japanese multinational leader in information and communications technology and digital services, announced the conclusion of a Memorandum of Understanding (MOU) establishing Fujitsu as a source for the SPY-7 Subarray Suite Power Supply Line Replaceable Unit (PS LRU). Purchase orders in support of the Aegis System EquippedVessel program are anticipated later in 2025.