Chip toolmaker Tokyo Electron cuts ties with executive linked to Chinese rivals, FT reports

The logo of Tokyo Electron Ltd (TEL) is seen at SEMICON 2025 in Taipei, Taiwan, September 10, 2025. REUTERS
April 27 (Reuters) – Chip toolmaker Tokyo ​Electron has cuts ‌ties with veteran executive ​Jay ​Chen after the Japanese ⁠firm ​discovered his ties ​to investment vehicles backing a ​new generation ​of Chinese competitors, ‌the ⁠Financial Times reported on Monday, citing ​people ​familiar ⁠with the matter.
Reuters ​could not ​immediately ⁠verify the report.

Reporting by ⁠Preetika ​Parashuraman ​in Bengaluru; Editing ​by Subhranshu Sahu

 

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