TOKYO -- Despite strong Chinese demand, leading Japanese chipmaking equipment producers look to diversify their sales channels into countries like India to ensure long-term growth amid the risk of heightening tensions between Beijing and the U.S.
2024 sales projected to expand 15% as players eye demand in India and more
A Renesas Electronics semiconductor factory in Beijing. Chip equipment companies look to diversify the industry's supply chain outside China and Taiwan. © Reuters
TOKYO -- Despite strong Chinese demand, leading Japanese chipmaking equipment producers look to diversify their sales channels into countries like India to ensure long-term growth amid the risk of heightening tensions between Beijing and the U.S.