Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 06 2024
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Should l Buy ?
Source: CNBC
Japanese Semiconductor Revenue Growth: Japanese semiconductor equipment companies, particularly Tokyo Electron and Screen Holdings, have seen a significant increase in revenue from China, with shares rising to 44% and 43% respectively for the financial year ending March 2024, amid ongoing U.S.-China tensions.
Impact of Export Controls: The U.S. is implementing new export controls affecting chip-related goods, which poses challenges for Japan as it balances compliance with U.S. demands while maintaining its economic interests in China, where demand for legacy chip manufacturing equipment remains strong.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
