TOKYO -- Semiconductor equipment maker Tokyo Electron upgraded its consolidated net profit forecast for the year ending March to 340 billion yen ($2.28 billion), a 33 billion yen increase, on Friday as its earnings are lifted by strong China sales.
Semiconductors
Tokyo Electron ups net profit outlook to $2.28bn on China demand
Semiconductor equipment maker sees stock price soar
Stock prices have soared this year for Tokyo Electron and other Japanese semiconductor equipment companies, backed by high growth expectations. (Tokyo Electron)
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