SONY GROUP CORPORATION reaches basic agreement with TSMC on strategic partnership for next-generation image sensors
SONY GROUP CORPORATION <6758> announced after the market close that its wholly owned subsidiary, Sony Semiconductor Solutions, has signed a basic agreement with Taiwan Semiconductor Manufacturing Company (TSMC)
Under the partnership, SONY is considering the establishment of a majority-owned joint venture and plans to build development and production lines at a newly built SONY facility in Koshi City, Kumamoto Prefecture. The companies will also discuss potential future investments by the joint venture. In addition, they will explore opportunities in "Physical AI" applications such as automotive and robotics. The current agreement is non-binding at this stage, and the earnings impact remains under review pending the conclusion of definitive agreements.
Source: MINKABU PRESS
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