TAIPEI (TVBS News) — Taiwan Semiconductor Manufacturing Company (TSMC) is assessing the possibility of constructing its second facility in Japan's Kumamoto Prefecture, with an announcement expected in February, according to reports from Japanese media.
The new facility is projected to attract an investment of around two trillion Yen, roughly NT＄421.6 billion. TSMC's first plant in Kumamoto is nearing completion, signifying a considerable expansion of the Taiwanese company's operations in Japan.
Industry analysts speculate that this development, coupled with the imminent completion of TSMC's first plant, could attract more semiconductors-related industries, including those from Taiwan, to Kumamoto. The new plant is expected to produce semiconductor products ranging from 7 to 16 nanometers.
This move comes as the company retains its position as a global tech giant. According to UK-based financial services provider City Index, TSMC ranked tenth in the list of 2023's top global companies by market value, with a valuation of US＄53.498 billion, or about NT＄1.67 trillion.