AI to account for 70% of semiconductor market in 2030: Tokyo Electron CEO

Chipmaking equipment maker will spend big on R&D to meet clients' needs, Toshiki Kawai says

20241227N Tokyo Electron Kawai

Tokyo Electron President and CEO Toshiki Kawai (Photo by Shihoko Nakaoka)

TSUYOSHI TAMEHIRO and KOTARO HOSOKAWA, Nikkei staff writers

TOKYO -- Chipmaking equipment supplier Tokyo Electron will spend aggressively on R&D to achieve the top market share for its products as artificial intelligence continues to drive industry growth, President and CEO Toshiki Kawai said in a recent interview with Nikkei.

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