SONY GROUP CORPORATION [6758.T]
TOKYO, May 08 (Pulse News Wire) – Sony Group Corporation (6758.T) announced today that its wholly-owned subsidiary, Sony Semiconductors Solutions, has reached a non-binding basic agreement with Taiwan Semiconductor Manufacturing Co. Ltd.
(TSMC) to develop and manufacture next-generation image sensors. Under the agreement, Sony and TSMC plan to establish a joint venture where Sony would hold a majority stake, leveraging Sony’s expertise and TSMC's advanced manufacturing capabilities. They also aim to construct development and production lines at Sony’s newly built factory in Kumamoto, Koushi Shi. The collaboration seeks to enhance image sensor performance through broader cooperation, targeting applications such as automotive and robotics.
Both companies are discussing future investments, which could involve expanding existing facilities in Nagasaki and securing government support based on market demand. Commenting on the partnership, Sony Semiconductors Solutions President and CEO Shinji Sakata said, “Building on our long-standing relationship with TSMC, we are excited to advance our partnership to a new level. This joint venture represents a significant step towards further technological and business evolution.” Dr. Kevin Zhang, Senior Vice President and Deputy Co-Chief Executive Officer at TSMC, echoed the sentiment, emphasizing their commitment to delivering innovative solutions and value to stakeholders.
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