# Who are Tokyo Electron (TEL)'s customers? Who does Tokyo Electron (TEL) earn revenue from?
Canonical: https://valuechain.wiki/tokyo-electron · Facet: customers · Updated: 2026-07-12T05:39:34.051192+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Tokyo Electron (TEL)'s confirmed revenue counterparties include 삼성전자, 키옥시아, 샌디스크 plus 8 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 11 revenue edges, backed by 16 dated sources, 3 of them primary filings (as of 2026-07-12).

### 삼성전자 (high)  → /samsung-electronics.md
- metric: Revenue ~$16B · FY2025 · annual total revenue
- note: Supplies coater/developer, etch, deposition and clean tools to Samsung Electronics.
- [confirms] Tokyo Electron / EDINET (JA, filing, published 2025-06-16) https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VX9R.pdf: "Annual Securities Report: FY2025 consolidated revenue and the SPE business with its major customers."
- [confirms] Tokyo Electron (EN, ir, published 2025-05-14) https://www.tel.com/ir/library/report/index.html: "FY2025 revenue about $16.0B (+33%)."
- [confirms] DigiTimes (EN, news, published 2024-12-23) https://www.digitimes.com/news/a20241223PD215/tel-equipment-revenue-demand-market.html: "TEL, strong in etch/deposition, targets 40% AI-equipment revenue by FY2026."
- [mentions] Sisa Journal e (KO, news, accessed 2026-06-21) https://www.sisajournal-e.com/news/articleView.html?idxno=406466: "TEL and other foreign toolmakers expand domestic investment to court Samsung and SK."
- [confirms] TheElec (KO, news, accessed 2026-06-21) https://www.thelec.kr/news/articleView.html?idxno=21175: "TEL’s hybrid etcher could reshape the equipment mix inside Samsung."

### 키옥시아 (high)  → /kioxia.md
- note: Supplies NAND production equipment and wafers to Kioxia.
- [confirms] News1 (KO, news, published 2025-11-01) https://www.news1.kr/industry/general-industry/5997227: "Supplies NAND fab equipment and wafers to Kioxia."
- [confirms] Kioxia (EN, ir, published 2025-05-01) https://www.kioxia.com/en-jp/ir.html: "Supplies NAND fab equipment and wafers to Kioxia."

### 샌디스크 (high)  → /sandisk.md
- note: Supplies NAND production equipment to SanDisk.
- [confirms] Business Post (KO, news, published 2025-11-01) https://www.businesspost.co.kr/BP?command=article_view&num=437533: "Supplies NAND fab equipment to SanDisk."
- [confirms] SEC EDGAR (EN, filing, published 2025-08-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=SNDK&type=10-K: "Supplies NAND fab equipment to SanDisk."

### SK하이닉스 (high)  → /sk-hynix.md
- note: Supplies coater/developer, etch, deposition and cleaning equipment to SK Hynix fabs.
- [confirms] DigiTimes (EN, news, published 2024-12-23) https://www.digitimes.com/news/a20241223PD215/tel-equipment-revenue-demand-market.html: "TEL, strong in etch/deposition, targets 40% AI-equipment revenue by FY2026."
- [mentions] Sisa Journal e (KO, news, accessed 2026-06-21) https://www.sisajournal-e.com/news/articleView.html?idxno=406466: "TEL and other foreign toolmakers expand domestic investment to court Samsung and SK."

### TSMC (high)  → /tsmc.md
- note: Supplies coater/developer, etch, deposition and clean tools to TSMC.
- [confirms] DigiTimes (EN, news, published 2024-12-23) https://www.digitimes.com/news/a20241223PD215/tel-equipment-revenue-demand-market.html: "TEL, strong in etch/deposition, targets 40% AI-equipment revenue by FY2026."
- [mentions] Sisa Journal e (KO, news, accessed 2026-06-21) https://www.sisajournal-e.com/news/articleView.html?idxno=406466: "TEL and other foreign toolmakers expand domestic investment to court Samsung and SK."

### SMIC (mid)  → /smic.md
- note: Supplies front-end equipment (DUV) to SMIC.
- [confirms] SMIC (EN, ir, published 2025-05-01) https://www.smics.com/en/site/company_invest: "Supplies front-end equipment (DUV) to SMIC."
- [confirms] Statista (EN, analysis, published 2025-01-01) https://www.statista.com/chart/32653/market-share-of-semiconductor-foundries-by-revenue/: "Supplies front-end equipment (DUV) to SMIC."

### 텍사스인스트루먼트 (mid)  → /texas-instruments.md
- note: Supplies front-end equipment to Texas Instruments.
- [confirms] SEC EDGAR (EN, filing, published 2025-01-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TXN&type=10-K: "Supplies front-end equipment to Texas Instruments."
- [confirms] Mordor (EN, analysis, published 2025-01-01) https://www.mordorintelligence.com/industry-reports/analog-semiconductor-market: "Supplies front-end equipment to Texas Instruments."

### Intel (mid)  → /intel.md
- note: Supplies coater/developer, etch, deposition and clean tools to Intel.
- [confirms] DigiTimes (EN, news, published 2024-12-23) https://www.digitimes.com/news/a20241223PD215/tel-equipment-revenue-demand-market.html: "TEL, strong in etch/deposition, targets 40% AI-equipment revenue by FY2026."
- [mentions] Sisa Journal e (KO, news, accessed 2026-06-21) https://www.sisajournal-e.com/news/articleView.html?idxno=406466: "TEL and other foreign toolmakers expand domestic investment to court Samsung and SK."

### Micron Technology (mid)  → /micron.md
- note: Supplies coater/developer, etch, deposition and clean tools to Micron Technology.
- [confirms] DigiTimes (EN, news, published 2024-12-23) https://www.digitimes.com/news/a20241223PD215/tel-equipment-revenue-demand-market.html: "TEL, strong in etch/deposition, targets 40% AI-equipment revenue by FY2026."
- [mentions] Sisa Journal e (KO, news, accessed 2026-06-21) https://www.sisajournal-e.com/news/articleView.html?idxno=406466: "TEL and other foreign toolmakers expand domestic investment to court Samsung and SK."

### 롬 (mid)  → /rohm.md
- note: Supplies front-end equipment to Rohm.
- [confirms] ROHM / media (EN, news, published 2026-03-27) https://www.rohm.com/ir: "Supplies front-end equipment to ROHM."
- [confirms] ROHM (KO, reference, published 2025-01-01) https://www.rohm.co.kr/company: "Supplies front-end equipment to ROHM."

### Nanya Technology (mid)  → /nanya-tech.md
- note: Supplies coater/etch/deposition WFE to Nanya's DRAM fab.
- [confirms] 01.co (EN, research, published 2026-04-15) https://www.01.co/research/nanya-tech-q1-2026-legacy-dram-squeeze: "Nanya Tech Q1 2026: Legacy DRAM Squeeze Confirmed"

Reverse side: https://valuechain.wiki/tokyo-electron/suppliers.md · Ripple: https://valuechain.wiki/tokyo-electron/ripple.md

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