Chip toolmaker Tokyo Electron cuts ties with executive linked to Chinese rivals, FT reports
The logo of Tokyo Electron Ltd (TEL) is seen at SEMICON 2025 in Taipei, Taiwan, September 10, 2025. REUTERS/Ann Wang
April 27 : Chip toolmaker Tokyo Electron has cuts ties with veteran executive Jay Chen after the Japanese firm discovered his ties to investment vehicles backing a new generation of Chinese competitors, the Financial Times reported on Monday, citing people familiar with the matter.
Reuters could not immediately verify the report.
Source: Reuters
