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Semiconductors

Tokyo Electron takes aim at NAND etching leader Lam Research

Breakthrough could flip market shares of the chipmaking equipment producers

Tokyo Electron's development team in Miyagi prefecture, Japan, made a breakthrough that the company believes could greatly improve its bottom line. (Tokyo Electron)

TOKYO -- Japanese chipmaking equipment maker Tokyo Electron is going after U.S.-based rival Lam Research with a groundbreaking new technology in 3D NAND flash memory channel etching that could ultimately net the company billions of dollars.

Lam, which dominates the field with a 100% market share, did not appear threatened when the new technology was announced.

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