Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)
Bloomberg:
Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO — - China business accounts for more than 40% of revenue, CEO said — Investment for mature chip fabs likely remain solid next year
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