Tokyo, Oct. 20 -- Taiwan Semiconductor Manufacturing Company (TSMC) plans to manufacture advanced semiconductors using 3-nanometre (3nm) process technology at the second factory of its Japan subsidiary, Japan Advanced Semiconductor Manufacturing (JASM), with total equipment investment in the venture expected to exceed USD 23 billion.

In a post on X, TSMC's Japan account thanked the Japanese government for its support for the second factory, saying production and investment plans would be implemented in phases based on market demand and would proceed on the premise of government support.

"Specific production and investment plans will be implemented in phases in response to market demand," the company said.

TSMC said the facility would h...