Chip bulls or bears? Tokyo Electron industry forecast in spotlight

Chipmaking equipment maker predicted a recovery, but that may change

20230510N Tokyo Electron

A slump in the semiconductor market looms over the outlook for Tokyo Electron's chipmaking equipment. (Photo courtesy of Tokyo Electron)

KENTARO TSUTSUMI, Nikkei staff writer

TOKYO -- When chipmaking equipment maker Tokyo Electron releases its annual earnings Thursday, the focus will be on whether the company will walk back on a market recovery it predicted to take shape in the latter half of this year.

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