Tokyo Electron Limited

With its headquarters in Akasaka, Minato-ku, Tokyo, Japan, Tokyo Electron Limited, also known as TEL, is a Japanese electronics and semiconductor corporation. In 1963, Tokyo Electron Labs, Inc., the corporation, was established. TEL is best known as a provider of machinery for the production of solar cells, flat panel displays, and integrated circuits (IC) (PV).

Tokyo Electron Device, sometimes known as TED, is a division of TEL that specializes in networking equipment, electrical components, and semiconductor devices. TEL is the biggest producer of IC and FPD production machinery as of 2011.

Tokyo Electron and Applied Materials announced their intention to merge on September 24, 2013, creating Eteris as a result. With a total market value of almost $29 billion, Eteris would have been the biggest provider of semiconductor processing machinery worldwide. The merger was abandoned on April 26, 2015, as a result of antitrust issues in the US.

Tokyo Electron's market value was $58.32 billion as of March 2023. Tokyo Electron is now ranked as the 257th most valuable company in the world by market cap. The most recent financial reports from Tokyo Electron indicate that the company's current revenue (TTM) is $16.58 billion. The corporation generated $16.76 billion in revenue in 2021, a rise from $12.09 billion in revenue in 2020.

Founded: November 11, 1963
Headquarters: Akasaka Biz Tower5-3-1 Akasaka, Minato-ku, Tokyo 107-6325, Japan
Website: tel.com