February 3, 2012 — Tokyo Electron Ltd. restructured its organization, with a new "Organic EL Division" established under GM Takeshi Okubo, as well as other new and consolidating subsidiaries in the semiconductor and liquid crystal production segments. All of the changes announced will take effect on April 1, 2012.

The Next Generation Deposition Development Center will be newly established under TEL’s SPE Process Development Division, led by GM Gishi Chung. The company will do away with its MEMS Development Department (part of the "New Product Development Division").
 
Three departments — New Products Development, FPD Photo Process Equipment, and FPD Dry Process Equipment — will merge to form FPD Process Equipment Department.

The company will establish a new subsidiary in Singapore for sales and services support of semiconductor production equipment and parts in Singapore and South East Asia. The subsidiary will operate as Tokyo Electron Singapore PTE Ltd.

Tokyo Electron Ltd. will merge its Tokyo Electron Korea Ltd. subsidiary into its Tokyo Electron Korea Solution Ltd. to increase operational efficiencies. The merger is expected to be approved this month, with execution in April 2012. Tokyo Electron Korea Solution Ltd. will change its trading name to Tokyo Electron Korea Ltd. The subsidiary manufactures, purchases and sells semiconductor production equipment, liquid crystal production equipment, and related parts, raw materials, and accessories.

The company also made several personnel changes related to these changes; the list can be found on its website at http://www.tel.com/eng/news/2012/0203_002.htm.

Tokyo Electron Limited (TEL) is a global supplier of semiconductor and related production equipment. Learn more at www.tel.com