Tokyo Electron

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Tokyo Electron Limited (Japanese: 東京エレクトロン株式会社, Hepburn: Tokyo Erekutoron Kabushiki-gaisha), or TEL, is a Japanese electronics and semiconductor company headquartered in Akasaka, Minato-ku, Tokyo, Japan. Founded as Tokyo Electron Laboratories, Inc. in 1963, TEL is best known as a supplier of equipment to fabricate integrated circuits (IC), flat panel displays (FPD), and photovoltaic cells (PV). Its subsidiary, Tokyo Electron Device (東京エレクトロンデバイス株式会社, Tokyo Erekutoron Debaisu Kabushiki-gaisha; TYO: 2760), or TED, specializes in semiconductor devices, electronic components, and networking devices. As of 2011, TEL was the largest manufacturer of IC and FPD production equipment. Listed on the Nikkei 225, in 2024, Tokyo Electron had a market cap of US$114.6 billion, making it the third-most valuable company in Japan in terms of market cap, and the 12th ranked semiconductor-related company worldwide.