The history of semiconductors started in 1947 with the invention of the transistor, and has already passed its 70th-year milestone. Along with the advancement of semiconductors, remarkable improvements in social productivity and standards of living took place throughout the world. The increasingly popular Internet of Things (IoT) technology is enabling everything to be connected via the internet, ushering in the age of big data. We are already seeing the emergence of big data application and service industries backed by such technologies as artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and mixed reality (MR), which in turn require further advancements in semiconductor technology to support faster processing of massive data using less power. Tokyo Electron (TEL)’s semiconductor production equipment and flat panel display (FPD) production equipment, which forms the foundation for these new industries, also serves as their core technologies that support innovations and enable the evolution of wide-ranging electronic devices.
In anticipation of the continuing growth in the semiconductor and semiconductor production equipment markets, TEL developed a new financial model in May 2018 with the goal of attaining above-the-market growth rates in sales and profits. Upholding the vision of becoming “A truly global company generating high added value and profits in the semiconductor and flat panel display industries through innovative technologies and groundbreaking proactive solutions that integrate diverse technologies,” the TEL group is highly motivated and dedicated to the pursuit of continued growth while seeking to maximize its business value. In keeping with the trust and expectations of the stakeholders, TEL is determined to maintain and reinforce its transparent management practices in order to contribute to both industry and society. We appreciate your continued support for TEL and look forward to sharing a brighter future with you.
Representative Director, President & CEO