Tokyo Electron
Tokyo Electron Limited , or TEL, is a Japanese electronics and semiconductor company headquartered in Akasaka, Minato-ku, Tokyo, Japan. The company was founded as Tokyo Electron Laboratories, Inc. in 1963. TEL is best known as a supplier of equipment to fabricate integrated circuits (IC), flat panel displays (FPD), and photovoltaic cells (PV). Tokyo Electron Device , or TED, is a subsidiary of TEL specializing in semiconductor devices, electronic components, and networking devices. As of 2011, TEL was the largest manufacturer of IC and FPD production equipment. Listed on the Nikkei 225, in 2024, Tokyo Electron had a market cap of US$114.6 billion, making it the third-most valuable company in Japan in terms of market cap, and the 12th ranked semiconductor-related company worldwide.
Some of the key events about Tokyo Electron
- 1963Founded as Tokyo Electron Laboratories, Inc. in Japan
- 1980Established its first overseas subsidiary in the United States
- 1984Listed on the Tokyo Stock Exchange
- 1984Faced allegations of illegally exporting sensitive technology to the Soviet Union
- 1986Entered the semiconductor production equipment business
- 1990Developed the world's first single-wafer plasma etching system
- 1994Introduced the TELFORMULA, a revolutionary coating and developing system
- 1998Experienced significant financial losses due to the Asian financial crisis
- 2001Underwent major restructuring and job cuts due to global semiconductor industry downturn
- 2003Launched the Certas FLEX, an advanced deposition system for semiconductor manufacturing
- 2006Developed the Trias+, a high-performance single-wafer deposition system
- 2008Reported substantial losses during the global financial crisis
- 2012Closed multiple factories and reduced workforce due to declining demand
- 2013Announced merger plans with Applied Materials (though later terminated)
- 2013Abandoned merger talks with Applied Materials due to antitrust concerns
- 2015Faced criticism for slow adoption of extreme ultraviolet lithography technology
- 2018Implicated in an industrial espionage case involving stolen trade secrets
- 2019Introduced the Impressio, a state-of-the-art plasma etch system for advanced semiconductor manufacturing
- 2019Experienced declining sales due to U.S.-China trade tensions
- 2020Reported decreased profits amid global semiconductor shortage and supply chain disruptions
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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