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Tokyo Electron to triple output with US$728 million smart fab

Tokyo Electron Ltd. (TEL), Japan’s top semiconductor equipment manufacturer, held a groundbreaking ceremony on June 2, 2025, for its state-of-the-art production site in Taiwa, Miyagi Prefecture. Initially referred to as an expansion of its main plant, the facility has now been officially named the Miyagi Production Innovation Center. Scheduled for completion in the summer of 2027, the site is a cornerstone of TEL’s strategy to address surging global demand for advanced chipmaking equipment.