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Sony Group plans to establish a joint venture with Taiwan Semiconductor Manufacturing Co. Under the proposed partnership, the companies intend to set up development and production lines in Sony's newly constructed facility.
Sony Group will form a joint venture with TSMC to develop next-generation image sensors.
KEY POINTS
- The venture will include setting up development and production lines in Sony's new Koshi facility.
- Sony will hold the position of majority and controlling shareholder in the new joint venture.
- A nonbinding memorandum of understanding has been signed to formalize this strategic partnership.
COMPANIES
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