TSMC had recently set up a new manufacturing unit in Southern Japan. The brand received strong support from the Japanese Government, Sony Semiconductors Sol, Denso, and other partners while setting up the unit. Now a new report from Economic Daily suggests that TSMC has further strengthened the labour force of the unit and is all set to enter the mass production of the chipset starting next year!
TSMC’s Manufacturing Unit in Kumamoto, Japan hires more than 1,000 employees
The source claims that the TSMC have hired more than 1,000 new employees in their Kumamoto unit. The brand previously had 800 employees working in this unit and after this mass recruitment, the numbers have grown significantly. It further claims that they have been trained accordingly to match up with the company’s goal for mass production next year. Numerous different engineers also joined the unit back in August 2023.
The Japanese manufacturing unit of TSMC mainly focuses on developing 12nm, 16nm, 22nm, and 28nm chipsets. The brand has plans to expand the range of manufacturing chipsets as well. Not only this, the brand is set to recruit more employees during its third conference.
Read more; Increase in Capacity Utilization for TSMC Following a Decline in Chip Demand
TSMC has already started installing all the necessary equipment and machinery as they are all set to achieve the mass production goals by the end of 2024. The total expenditure of this particular unit is estimated to be $8.6 billion. However, the Japanese government or the Ministry of Economy, Trade and Industry has approved the subsidies worth $3.5 billion which is around 40% of the total expenditure of the brand.
The subsidy provided by the Government plays a major role as it gives huge relaxation to the TSMC in cutting down their annual expenditure which indirectly helps them to achieve new manufacturing goals. The brand is also set to open a new manufacturing hub in Japan which will open very soon and will have more than double production output support compared to the current one.
[Via]