Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
TSMC
Global investment

Taiwan chipmaker TSMC plans to build a new factory in Japan

15.06.2023
2 min read

TSMC Corporation intends to expand production capacity in Japan

Taiwan’s TSMC Corporation plans to build a factory in Japan by the end of the decade. The number of investments may be more than 7.4 billion dollars. This will be TSMC’s second plant in the country. The first facility is under construction. The commissioning date is scheduled for 2024.
The new plant is expected to be equipped with innovative solutions for producing semiconductor products. The corporation is negotiating with the Japanese government for subsidies that will make the new industrial facility cheaper. TSMC will publish them closer to the end of 2023.
Many countries, including the United States, are interested in the world’s largest chipmaker locating plants in their territory. This will increase domestic production of microchips, which are in short supply. The U.S. has $500 billion in aid for companies that want to open factories. Experts assume Japan will follow Washington’s example and also provide subsidies to TSMC.TSMC plans to build two plantsIn addition to these plants, the manufacturer is also considering the construction of production facilities in Germany. Plans to expand the output of semiconductor products are primarily due to the intention of TSMC to maintain its leadership in the market. Direct competitors of the corporation Intel and Samsung announced the construction of new plants by the end of the current decade. Experts estimate that the three leading chipmakers plan to invest about $380 billion in capacity expansion during the 2030s. New plants may appear in Israel, Taiwan, Ireland, the United States, and other countries.
In Q4 2022, the Taiwanese corporation reported a drop in revenues, the first decline in 2 years. The figure rose 43% to $20.6 billion during that period, below projected results. Last year, the corporation’s shares fell 27% in price after nearly doubling in 2020. The company’s revenue decrease is attributed to reduced global demand for microchip products. Leading electronics manufacturers, including Apple, also note the decline in consumer interest.
TSMC analysts expect semiconductor demand to grow by the end of 2023. The company has reduced capital expenditures for the current period. Salaries for middle and senior managers have been cut by 25%. The manufacturer intends to hire more than 6 thousand employees by the end of the year.

Tags: Global investment
0
Previous Post ADNOC Gas sold out within hours of the start of trading Next Post Barrier options as a type of non-traditional derivatives

You Might Also Like

investment in economy
Global investment
Large corporations increase investment in the Indonesian economy
06.08.2022
investing in a plant
Global investment
Japanese company Yokohama Group is investing in a plant in India
20.06.2021
World Financial Institutions
Global investment
World financial institutions are investing in Shanghai
02.12.2020
semiconductor manufacturing
Global investment
China invests in local semiconductor manufacturing
01.07.2023
Maps.me-1
Global investment
Maps.me app received a $50 million investment
08.10.2021
Sony Group
Global investment
Japan’s Sony Group announced a new development strategy
25.02.2022

Recent Posts

  • 1investment in Turkey's steel industry
    Yıldız increases investment in the Turkish steel industry
    20.09.2023
  • 2Abu Dhabi Exchange
    The Abu Dhabi Exchange has created ideal conditions for the IPO of an Adnoc unit
    18.09.2023
  • 3mobile marketing
    How mobile marketing helps to retain existing customers and attract new ones
    16.09.2023
  • 4E-commerce company Rakuten
    Japan’s Rakuten intends to raise funds by issuing shares
    14.09.2023
  • 5coal mining
    Coal mining in India has increased by more than 22% in 5 years
    12.09.2023

Popular Posts

  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Latest Posts

investment in Turkey's steel industry
Yıldız increases investment in the Turkish steel industry
20.09.2023
Abu Dhabi Exchange
The Abu Dhabi Exchange has created ideal conditions for the IPO of an Adnoc unit
18.09.2023
mobile marketing
How mobile marketing helps to retain existing customers and attract new ones
16.09.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Dmitry Glushakov, VTB-Capital: why the demand for platinoids is growing
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics