Japanese semiconductor equipment giant Tokyo Electron Limited (TEL) announced on December 24, that it will launch a major organizational restructuring and executive management reshuffle in early 2026. As part of the changes, Hikaru Ito, chairman of Tokyo Electron Taiwan, and president Roger Chang will be reassigned to new roles. Tatsuya Nagakubo will assume the position of chairman, while Seiji Nakama will take over as president.