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Tokyo Electron ( (JP:8035) ) has shared an announcement.
Tokyo Electron Taiwan Ltd., a subsidiary of Tokyo Electron Limited, has been indicted by the Taiwan prosecutor’s office for a breach of supervisory obligations under Taiwan’s National Security Act, following an incident involving a former employee leaking confidential customer information. While the indictment does not allege organizational involvement or external leakage, Tokyo Electron Limited emphasizes its commitment to compliance and has pledged to strengthen its information security and compliance systems to prevent future incidents.
The most recent analyst rating on (JP:8035) stock is a Buy with a Yen33636.00 price target. To see the full list of analyst forecasts on Tokyo Electron stock, see the JP:8035 Stock Forecast page.
More about Tokyo Electron
Tokyo Electron Limited operates in the semiconductor and flat panel display production equipment industry, providing essential technology and services to manufacturers. The company focuses on maintaining high standards of information security and compliance with legal and ethical standards.
Average Trading Volume: 4,884,625
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen14491.5B
For an in-depth examination of 8035 stock, go to TipRanks’ Overview page.