TEL meaning in Business ?

Answer: What is Tokyo Electron Limited mean?

Tokyo Electron Limited (Japanese: 東京エレクトロン株式会社, Hepburn: Tokyo Erekutoron Kabushiki-gaisha), or TEL, is a Japanese electronics and semiconductor company headquartered in Akasaka, Minato-ku, Tokyo, Japan. The company was founded as Tokyo Electron Laboratories, Inc. in 1963.

TEL is best known as a supplier of equipment to fabricate integrated circuits (IC), flat panel displays (FPD), and photovoltaic cells (PV). Tokyo Electron Device (東京エレクトロンデバイス株式会社, Tokyo Erekutoron Debaisu Kabushiki-gaisha, TYO: 2760), or TED, is a subsidiary of TEL specializing in semiconductor devices, electronic components, and networking devices. As of 2011, TEL is the largest manufacturer of IC and FPD production equipment.

On September 24, 2013 Tokyo Electron and Applied Materials announced a merger, forming a new company to be called Eteris. Eteris would have been the world's largest supplier of semiconductor processing equipment, with a total market value of approximately $29 billion. On 26 April 2015, the merger was cancelled due to antitrust concerns in the United States.

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