April 15, 2024 /SemiMedia/ -- Microchip Technology recently announced that it has reached an agreement with Taiwan Semiconductor Manufacturing Company (TSMC) to run a dedicated 40nm manufacturing process at TSMC’s subsidiary in Kumamoto Prefecture, Japan.

Microchip said in a press release that the move would boost its efforts to build resiliency in its supply chain.

Microchip said the wafer capacity supply from this collaboration further enhances Microchip's ability to serve a broad range of global customers in a variety of markets, including automotive, industrial and networking applications.

Rosa Castanares, senior vice president of business management at TSMC North America, said the initiative was "further proof of TSMC's commitment to supporting our customers' long-term growth and innovation."