TSMC confirms talks to build Japan chip plant

Taiwan tech titan logs 20% revenue rise in Q2 amid chip shortage

TSMC headquarters in the Taiwanese city of Hsinchu: The chipmaker is shifting away from its longtime strategy of concentrating production in Taiwan. © AFP/Jiji

CHENG TING-FANG and LAULY LI, Nikkei staff writers

July 15, 2021 15:56 JST

Updated on July 15, 2021 16:13 JST

TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday confirmed that it is eyeing the company's first chip production site in Japan and that it will continue to build up its overseas manufacturing footprint to maintain long-term competitiveness.

C.C. Wei, CEO of TSMC, said the world's top chipmaker is conducting "due diligence" to determine the feasibility of a chip facility in Japan. Nikkei Asia earlier reported that TSMC is considering building a factory in the western prefecture of Kumamoto to address growing demand from Sony and other major customers.