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China revenue jumpCNBC
•87% Informative
Japanese semiconductor equipment providers have been counting on China as their largest source of revenue.
Tokyo Electron with a market cap of nearly $72 billion , saw its share of China revenue jump to 44% in financial year ended March 2024 .
Screen Holdings generated as much as 43% of its total sales from China .
China has ramped up its purchases of chip-making equipment since the second quarter of 2023 .
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