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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

Sony chip firm buys Kumamoto land.

The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REUTERS/Thomas Peter/File Photo
The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REU... The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REUTERS/Thomas Peter/File Photo
The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REUTERS/Thomas Peter/File Photo
The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REU... The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. REUTERS/Thomas Peter/File Photo

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Sony chip firm buys Kumamoto land. Sony Corporation plans to buy 27 hectares (270,000 square meters) in Kumamoto Prefecture, Japan, to boost its semiconductor industry. Bloomberg News and local media reported that the corporation plans to build its second production factory in Kumamoto, investing hundreds of billions of yen.

Production should start in 2025.

This expansion aims to accelerate Sony’s growth in the competitive chip business and meet global demand for Sony semiconductors. This follows Sony Group’s December 2018 contemplation of creating a new factory in Kumamoto Prefecture to make smartphone picture sensors, as reported by IT Home. Production was scheduled to begin in 2025 after breaking construction in 2024.

Sony Semiconductor Solutions’ 44% revenue share leads the market. Samsung and OmniVision follow. According to IT Home, Sony, Samsung, and OmniVision control 83% of the smartphone image sensor industry.

Sony Semiconductor Solutions president Shimizu Terushi noted the semiconductor shortage and stressed the importance of TSMC’s Kumamoto manufacturing. Terushi said this “increased confidence” in increasing procurement channels. Sony bought land in Kumamoto to increase its production capacity and reserve space.

Sony hopes to address the increased demand for its high-quality semiconductors by investing in a second Kumamoto production unit. Sony is positioned to earn significant global market gains by continuing to innovate and expand, strengthening its position as an industry leader.


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