A Japanese chip equipment supplier has started to reorganise its supply chains and factories in a strategy designed to access both US and Chinese markets after Washington rolled out new chip export controls.
The group chief executive of Tokyo-based Ferrotec told the Financial Times that the company was accelerating plans to expand production outside China in response to requests from US clients including Lam Research and Applied Materials.
“In the future, we would like to be able to manufacture not only in China, but also in Japan, Malaysia and possibly in the US,” said He Xianhan, a native of Shanghai who has headed Ferrotec since 2020.
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