Tokyo Electron: Q1 2024 Recovery After 2 Years Of Underperformance [Seeking Alpha]
TOKYO ELECTRON UNSP/ADR (TOELY)
NASDAQ:AMEX Investor Relations:
tel.com/ir
Company Research
Source: Seeking Alpha
TEL held a dominant share of Dielectric Etch, a 90% share of resist coating systems, and is the #3 company in the global semiconductor industry. Tokyo Electron demonstrated significant QoQ growth in Q1 2024 and is expected to see double-digit growth in the wafer fabrication equipment market in 2025. For the fiscal year ending March 31, 2024, Tokyo Electron Limited ( OTCPK:TOELY ) ("TEL") reported consolidated net sales of ¥1,830.5 billion ($16.6 billion USD), reflecting a decline from the previous year's net sales of ¥2,553.3 billion. Despite this reduction, the company maintained strong profitability. The operating Recommended For You
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News
- Tokyo Electron Prepares India Expansion as Modi Lures Chipmakers [Yahoo! Finance]Yahoo! Finance
- Tokyo Electron Prepares India Expansion as Modi Lures Chipmakers [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tokyo Electron Prepares India Expansion as Modi Lures Chipmakers [Financial Post (Toronto, Ontario, Canada)]Financial Post
- US & Japan Nearing 'Breakthrough' Deal To Restrict Chip Tech Exports To China [zero hedge]zero hedge
- Japan nears deal with U.S. to restrict chip tech exports to China - report [Seeking Alpha]Seeking Alpha