Taiwan and Japan join hands to build JSMC’s first fab in Miyagi Prefecture

Powerchip Semiconductor Manufacturing Co., Ltd. (PSMC), SBI Holdings, Inc., Japan's Miyagi Prefecture and JSMC signed the Memorandum of Understanding (MOU, The MOU is based on the premise of receiving subsidy from Japanese government) on the 31st, confirming that JSMC's first fab will be selected in Japan. The Second Northern Sendai Central Industrial Park in Ohira Village, Kurokawa District, Miyagi Prefecture (Second Northern Sendai Central Industrial Park) is the planned site.