MARKET REPORT
Sony and TSMC plan $6.3 billion joint image sensor production, Nikkei reports
Executive takeaway
Sony and TSMC will jointly invest about $6.3 billion to manufacture image sensors, according to a Nikkei report, deepening a partnership between the world's largest image sensor supplier and the largest contract chipmaker.
Sony and Taiwan Semiconductor Manufacturing Co. plan to spend a combined $6.3 billion to jointly produce image sensors, Nikkei reported.
Sony is the leading global supplier of CMOS image sensors, which are used in smartphone cameras, automotive systems and industrial equipment. TSMC is the world's largest contract chip manufacturer and already has an existing manufacturing relationship with Sony in Japan, where it operates a fab in Kumamoto with Sony as a partner.
Neither company has publicly confirmed the figures in the report. Details on the location, timing and capacity of the planned production were not disclosed in the report as relayed.
Wire sources cited
- Investing.com — All NewsSony, TSMC to spend $6.3 billion to jointly make image sensors, Nikkei saysExternal ↗
Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.