Latest news with #TokyoElectronLtd
2 days ago
- Business
Ex-Tokyo Electron Unit Worker Linked to Data Theft
News from Japan Economy Aug 7, 2025 21:45 (JST) Taipei, Aug. 7 (Jiji Press)--Japanese chipmaking equipment maker Tokyo Electron Ltd. said Thursday that a former employee of its Taiwanese subsidiary was involved in the illegal acquisition of confidential information of Taiwan Semiconductor Manufacturing Co. According to Taiwanese media, the former employee joined the subsidiary after leaving TSMC. Taiwanese newspaper United Daily News reported that the former employee met an acquaintance, an engineer at TSMC, at a cafe, asked the engineer to display confidential data on a laptop and took numerous photos of the information. The target of the theft was information on TSMC's cutting-edge chips with a circuit line width of 2 nanometers, which the Taiwanese company plans to start mass producing as early as this year. Taiwanese public prosecutors conducted searches of the subsidiary in the city of Hsinchu in Taiwan's northern area. [Copyright The Jiji Press, Ltd.] Jiji Press
Asahi Shimbun
4 days ago
- Business
- Asahi Shimbun
Tokyo Electron confirms Taiwan unit employee's involvement in intellectual property case
Tokyo Electron Ltd said on Thursday a former employee of its Taiwan subsidiary was involved in a case cited by the Intellectual Property Branch of the Taiwan High Prosecutors Office on Tuesday. Taiwanese authorities have detained three people for allegedly stealing technology trade secrets from Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest chip foundry, Taiwanese prosecutors said on Tuesday. Tokyo Electron, a Japanese chip-making machinery maker, said in a statement it has dismissed the employee involved and that its internal investigation has found no evidence of confidential information being shared with third parties. Tokyo Electron said it is fully cooperating with authorities in the investigation, but declined to disclose further information, saying "the case is now under judicial review". Nikkei Asia earlier reported that the breach involved suspected attempts to obtain critical proprietary information on TSMC's 2-nanometer chip technology. Shares of Tokyo Electron closed the morning session down 3.2%, while the benchmark Nikkei average rose 0.8%.
The Mainichi
01-08-2025
- Business
- The Mainichi
Tokyo stocks end mixed on weak chip issues, yen's fall
TOKYO (Kyodo) -- Tokyo stocks ended mixed Friday, with the Nikkei index pressured by heavyweight semiconductor issues, while the yen's depreciation prompted buying of export-linked shares. The 225-issue Nikkei Stock Average fell 270.22 points, or 0.66 percent, from Thursday at 40,799.60. The broader Topix index finished 5.58 points, or 0.19 percent, higher at 2,948.65. On the top-tier Prime Market, decliners were led by precision instrument and electric appliance issues, while electric power and gas and land transportation shares were main gainers. The U.S. dollar remained firm mostly in the upper 150 yen range in Tokyo amid receding expectations of an early interest rate hike by the Bank of Japan, dealers said. On the stock market, the benchmark Nikkei was dragged down by the selling of heavyweight semiconductor-related shares after major chip manufacturing equipment maker Tokyo Electron Ltd. on Thursday revised down its earnings forecast for the current fiscal year. Tokyo Electron sank 18.0 percent to 22,405 yen after the company said it expects its net profit for the year ending next March will be 22 percent lower than earlier projected, citing adjustments in capital investment plans by semiconductor manufacturers. "As chip shares have risen on hopes for growth in the artificial intelligence field, including data centers, the market reacted negatively to the downward revision," said Maki Sawada, a strategist at the Investment Content Department of Nomura Securities Co. Meanwhile, the market was supported by the buying of export-related auto shares on the weaker yen, which increases overseas profits of exporters when repatriated.
The Mainichi
01-08-2025
- Business
- The Mainichi
Tokyo stocks mixed in morning on weak chip shares, yen's fall
TOKYO (Kyodo) -- Tokyo stocks were mixed Friday morning as selling of semiconductor-related shares was offset by buying of exporter issues on a weaker yen. The 225-issue Nikkei Stock Average fell 155.16 points, or 0.38 percent, from Thursday to 40,914.66. The broader Topix index was up 12.32 points, or 0.42 percent, at 2,955.39. The U.S. dollar remained firm in the upper 150 yen range in Tokyo as the Japanese currency continued to face selling pressure amid receding expectations of an early interest rate hike by the Bank of Japan, dealers said. At noon, the dollar fetched 150.76-77 yen compared with 150.73-83 yen in New York and 149.38-40 yen in Tokyo at 5 p.m. Thursday. The euro was quoted at $1.1410-1413 and 171.99-172.10 yen against $1.1408-1418 and 172.06-16 yen in New York and $1.1448-1450 and 171.02-06 yen in Tokyo late Thursday afternoon. The Nikkei index was weighed down by selling of heavyweight chip shares after major semiconductor manufacturing equipment maker Tokyo Electron Ltd. on Thursday revised down its earnings forecast for the current fiscal year, brokers said. Tokyo Electron dived 17 percent to 22,685 yen at the end of the morning session. Meanwhile, the yen's depreciation helped lift export-oriented auto issues as a weaker yen increases exporters' overseas profits when repatriated.
Bloomberg
25-02-2025
- Business
- Bloomberg
Japan's Chip Shares Slide on Report of Stricter US China Curbs
Shares of Japanese chip equipment makers including Tokyo Electron Ltd. extended losses after US officials were said to be planning tougher controls on China's semiconductor industry. Tokyo Electron, which made 44% of its revenue in China last fiscal year, dropped as much as 4.4%, the most in two weeks, after the Bloomberg report. Fellow chip gear makers Advantest Corp. and Kokusai Electric Corp. also extended their decline to fall more than 5% at one point in morning trading, with Screen Holdings Co. dropping as much as 4.4%.
