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Enhancing Semiconductor Supply Resilience: Microchip Technology Bolsters Manufacturing with TSMC Collaboration
CHANDLER, Ariz., April 8, 2024 — Microchip Technology Inc. (Nasdaq: MCHP), a leader in embedded control solutions, announces an expansion of its partnership with Taiwan Semiconductor Manufacturing Company (TSMC), the forefront of semiconductor foundry services. This strategic enhancement focuses on initiating a specialized 40nm manufacturing process at Japan Advanced Semiconductor Manufacturing, Inc. (JASM) in Kumamoto Prefecture, Japan, underscoring Microchip’s commitment to fortifying its semiconductor supply chain resilience.
Key Highlights:
- Strategic Partnership Expansion: Microchip and TSMC solidify their collaboration, setting up a specialized 40nm manufacturing line at JASM, TSMC’s subsidiary.
- Supply Chain Resilience: This move is a critical component of Microchip’s strategy to enhance its supply chain robustness amid growing global demands.
- Market Reach Expansion: The collaboration ensures a steady semiconductor supply for vital sectors, including automotive, industrial, and networking, leveraging JASM's additional wafer capacity.
Industry-Leading Collaboration for Advanced Manufacturing Capabilities
Michael Finley, Senior Vice President of Worldwide Manufacturing and Technology at Microchip, highlights the company's dedication to reliable supply management. “Our enhanced manufacturing pathway with TSMC signifies our commitment to providing our customers with dependable and resilient product supplies,” Finley stated. This partnership is designed to instill confidence among customers, facilitating the seamless integration of Microchip products into diverse applications.
Rose Castanares, Senior Vice President of Business Management at TSMC North America, reaffirmed the collaborative effort’s importance, emphasizing its role in supporting customer innovation and growth. “Our expanded collaboration ensures the advancement and availability of leading technologies to our global customers,” Castanares remarked.
Strengthening Global Semiconductor Manufacturing Landscape
Microchip’s initiative to expand its partnership with TSMC and the inclusion of JASM’s 40nm process capability are pivotal steps towards reducing supply disruption risks. By investing in internal manufacturing enhancements and diversifying its supply chain through strategic collaborations, Microchip is setting a new standard for semiconductor supply reliability and corporate responsibility in the tech industry.
For further insights into Microchip's innovative solutions and commitment to customer success, visit Microchip.com. Through its strategic endeavors and partnerships, Microchip is paving the way for a more reliable and resilient semiconductor manufacturing ecosystem, ready to meet the dynamic needs of the digital age.
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