Tokyo Electron traded at 12,075.00 this Friday October 2nd, decreasing 505.00 or 4.01 percent since the previous trading session. Looking back, over the last four weeks, Tokyo Electron lost 77.35 percent. Over the last 12 months, its price fell by 57.62 percent. Looking ahead, we forecast Tokyo Electron to be priced at 53,795.74 by the end of this quarter and at 46,385.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tokyo Electron Limited is a company mainly engaged in the manufacture and sale of electronic products for industrial uses. The Company operates in two segments. The Semiconductor Manufacturing Equipment segment is engaged in the provision of wafer probers and other semiconductor manufacturing equipment. The Flat Panel Display (FPD) Manufacturing Equipment segment consists of coater developer for flat panel display manufacturing, etching and ashing equipment. The Company is also engaged in management of facilities, logistics business, as well as insurance business.