Japanese semiconductor equipment powerhouse Tokyo Electron saw its share of China revenue jump to 44% in the financial year ended March 2024, compared with 23% a year earlier and nearly 50% in the first quarter of the financial year 2025. China purchased about $25 billion worth of chip equipment in the first half of 2024, more than the combined total of the U.S., South Korea, Taiwan, and Japan combined.
Japanese semiconductor equipment powerhouse Tokyo Electron saw its share of China revenue jump to 44% in the financial year ended March 2024, compared with 23% a year earlier and nearly 50% in the first quarter of the financial year 2025. China purchased about $25 billion worth of chip equipment in the first half of 2024, more than the combined total of the U.S., South Korea, Taiwan, and Japan combined.