Sony intends to allocate funds for a new semiconductor factory in Nagasaki Prefecture. The company will produce CMOS-type image sensors used in smartphone cameras.
The manufacturer pledged an investment of $ 918 million in the draft budget for the next fiscal year. The factory should be operational in April 2021.
Sony expects the image sensor market to continue to grow as smartphone manufacturers equip their products with increasingly sophisticated cameras. Additional growth factors are 5G networks, self-driving cars and industrial automation.
Last year, Sony is the world’s largest manufacturer of image sensors. She owns 50% of the market. It is assumed that the new enterprise will help to increase this figure to 60% by 2025. Sony’s closest competitor is Samsung Electronics, which owns 20% of the global image sensor market.