Tokyo Electron chief sees edge despite China's chip self-sufficiency drive

Japan chip equipment makers report 10% drop in China sales as export curbs bite

Japan's export restrictions cut Tokyo Electron's China revenue 37% to ¥175.5B in Q3, shrinking China from 41% to 31.8% of total sales. TEL targets 40% AI-driven revenue by FY2026, signaling a supply-chain rebalancing from geopolitical constraints toward enterprise AI capex demand.