Tokyo Electron 'concerned' about U.S. tech curbs on China

Japanese chip equipment maker, hit by Shanghai lockdowns, suffers 17% profit fall

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Tokyo Electron, one of the world's largest suppliers of chipmaking equipment, says about a quarter of its sales come from China. (Photo by Karina Nooka) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Tokyo Electron said on Monday that it is "very concerned" about U.S. moves to expand high-tech export curbs against China, a key market for the Japanese chip equipment maker, as the competition for technology dominance escalates between the world's two superpowers.

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