
Tokyo Electron
Coater/developers, etch, deposition, cleaning
Tokyo Electron (TEL) is a Japanese chipmaking-equipment maker. Its tracks coat wafers with light-sensitive resist and develop them after exposure in lithography scanners, and it also sells etch, deposition, cleaning and wafer-test tools.
- Record FY3/2026 sales of ¥2.44T; April-June 2026 sales jumped 33% year on year on AI chip demand.
- TEL puts its global coater/developer share at 91% (2025); it supplies the track on EUV production lines.
- A cryogenic etcher for 400+ layer 3D NAND targets the step Lam Research has had to itself.
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