TSMC and Sony Group signed a definitive agreement to establish Advanced Vision Semiconductor Manufacturing Corp. This joint venture will develop and produce next-generation image sensors in Kumamoto, Japan.
The partners expect a total investment of $4.69 billion for the project. Volume production is scheduled to begin in 2029.
Sony will serve as the controlling shareholder with an investment of approximately $2.92 billion. TSMC will contribute about $2.82 billion to the venture.
Sony will lead core technology development. TSMC will provide advanced manufacturing expertise. Both companies are considering seeking support from the Japanese government.