Bernstein: Japanese Semiconductor Equipment Makers Signal Price Hikes; Tokyo Electron Targets 50% Gross Margin

According to Bernstein in a report on June 15, Japanese semiconductor equipment manufacturers are beginning to implement price increases. Tokyo Electron aims to raise gross margins above 50% and operating profit margins toward 35%, while Screen is pursuing a two-stage pricing strategy addressing inflation and new product premiums. Bernstein cited yen weakness over the past three years and improved manufacturer confidence as drivers. European equipment leaders including ASML may also benefit from next-generation product pricing power and premium delivery fees amid tight supply conditions.
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