SBI Holdings, a Japanese financial services company, has agreed to assist Taiwan’s Powerchip Semiconductor Manufacturing Corp. (PSMC) in constructing a factory in Japan. This factory will focus on manufacturing semiconductors for various electronic devices such as cars and smartphones.
To support PSMC, SBI Holdings will provide financial assistance and collaborate in planning and site selection. The projected completion date for the factory is 2025.
The collaboration between SBI Holdings and PSMC represents the increasing cooperation between Japan and Taiwan in the semiconductor industry. These two countries have a longstanding history of working together in this sector and are likely to continue doing so in the future.
Here are some additional details about the agreement:
- The factory will be situated in Japan’s Tohoku region.
- The estimated investment for the project is around $1 billion.
- The construction of the factory is expected to generate approximately 1,000 job opportunities.
- The anticipated completion date for the factory is 2025.
The agreement between SBI Holdings and PSMC marks a significant milestone for the Japanese semiconductor industry. It demonstrates Japan’s determination to reclaim its market share and showcases confidence in the industry’s future.
