Japan plans to invite TSMC to build joint chip plant

TSMC, the world's largest contract chipmaker, in May unveiled plans for a $12 billion plant in the United States.

TOKYO: Japan is aiming to invite Taiwan Semiconductor Manufacturing Co Ltd or other global chipmakers to build an advanced chip manufacturing plant jointly with domestic chip equipment suppliers, the Yomiuri daily reported on Sunday.

The Japanese government hopes to tap the expertise of global chipmakers to rejuvenate the lagging domestic chip industry as advanced chip technologies have become a focal point in national security issues, Yomiuri said.