Chip toolmaker Tokyo Electron cuts ties with executive linked to Chinese rivals, FT reports
27/04/2026 01:27
April 27 (Reuters) - Chip toolmaker Tokyo Electron 8035.T 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) ((Preetika.Parashuraman@thomsonreuters.com;))
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