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Chipmaking Tool Supplier Expects Demand Boom to Last Years

  • Semiconductors are in short supply across auto and tech realms
  • Tokyo Electron CEO anticipates more expansion and investment
Toshiki Kawai
Toshiki KawaiSource: Tokyo Electron Ltd.

The global shortage for chips that’s shut down factory lines and fueled waiting lists for the hottest consumer electronics is showing no signs of abating and that’s good news for specialist suppliers like Tokyo Electron Ltd.

The provider of semiconductor fabrication tools expects orders from the likes of Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to rise for years to come as those companies scale up their production to sate booming demand.