ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

TSMC weighs second chip plant in Japan, expansion in Europe

Chip titan's profit jumps 78% in Q4, forecasts 'decline' in 2023 first half

A TSMC factory in Nanjing: The contract chipmaker said in December that it plans to have some 20% of its production capacity overseas.   © Getty Images

TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday said it is considering building a second plant in Japan and is evaluating the possibility of a first in Europe as the world's largest contract chipmaker responds to customers' demands for a more geographically diverse supply chain.

"In Europe, we are engaging with customers and partners to evaluate the possibility of building a specialty fab focusing on automotive-specific technologies, based on the demand from customers and the level of government support," TSMC CEO C.C. Wei said in an earnings call on Thursday, confirming an earlier Nikkei Asia report.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more