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Semiconductor growth critical to achieving 100x global data processing

Mar 2, 2023

Japan’s leading chip manufacturing equipment manufacturer, Tokyo Electronics, predicts a big bounceback in the semiconductor industry within the next 10 months as it meets increasingly tough global tech requirements.

Toshiki Kawai, CEO of Tokyo Electronic, told Bloomberg that long-term trends such as autonomous driving and the development of the Metaverse will increase the demand for data storage and processing capabilities.

“By 2030, the amount of data that must be processed worldwide will increase tenfold, and then 100 times by 2040,” Kawai said.

The report pointed out that Tokyo Electronics may face the adverse impact of the situation in China and the United States. The details of export control measures that Japan may take are unknown, but the business of Tokyo Electronics is likely to be directly affected. At present, more than 20%of the company’s sales come from China.

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