Feb 17, 2020

Response to the New Coronavirus Outbreak (2nd report)

Regarding the new coronavirus outbreak, first, we would like to express our sincerest hope that all virus-infected pneumonia patients will recover soon.

In early January, Tokyo Electron (TEL) began setting up travel restrictions step by step. On January 27, TEL organized the Emergency Task Force at its headquarters, with TEL Representative Director, President & CEO Toshiki Kawai, taking the helm to combat the situation on an ongoing basis. The principal measures that have been adopted by the TEL Group are as follows:

On business travel to China and the state of operations at TEL bases in China
・TEL employees are not to go on business travel to Hubei and Zhejiang provinces in China, and in principle they may not travel to any other areas in China (including Hong Kong).
・Currently, our business operations are conducted as before by local subsidiaries. With the permission of local authorities, our bases in China have resumed operations on February 10, for the most part through remote working.

State of our supply chain
・While the transport of our components and parts has been partially affected by the reduced number of flights, no transport of our equipment has been affected to date, thanks to the close coordination with our customers.
・Our parts procurement has not been significantly affected at present. We are continually checking the state of our Chinese suppliers, however, to closely monitor any new developments and take appropriate measures.

We will keep you updated on TEL Group’s response if there are any significant changes in the state of affairs.