Sony Semiconductor Solutions and TSMC will establish a joint venture for smartphone image sensors, build a new plant in Koshi, Kumamoto Prefecture, and aim to begin mass production in 2029.
Sony Semiconductor Solutions and TSMC have signed a definitive agreement to establish Advanced Vision Semiconductor Manufacturing, a joint venture responsible for developing and manufacturing image sensors for smartphones, based in Koshi, Kumamoto Prefecture. The new company will develop mass-production capabilities by leveraging advanced manufacturing process technologies, with mass production scheduled to begin in 2029.
On the funding side, Sony will make a cash contribution of approximately ¥465 billion, including contributions through the transfer of assets such as the new plant in Koshi. TSMC plans to make a cash contribution of approximately ¥282 billion, and the two companies will proceed with their funding plans on the assumption of support from the Japanese government. The contributions are expected to be made in stages based on demand and the business environment.
The new company will operate as a consolidated subsidiary of Sony Group, with Sony Semiconductor Solutions serving as its sole controlling shareholder. The representative director is expected to be selected by Sony. Sony will be responsible for core technology development and product planning, while TSMC will drive manufacturing by drawing on its advanced process technology and manufacturing expertise.