ASM International N.V. focuses on both organic and inorganic growth strategies such as product launches, expansions and acquisitions to strengthen its position in the ALD equipment market. For instance, in March 2022, ASM International N.V. acquired Reno Sub-Systems Inc., a company that offers RF matching sub-systems for equipment utilized to manufacture semiconductors such as ALD equipment. This acquisition strengthened the product portfolio of ASM International N.V. Tokyo Electron Limited. (Japan) is a multinational corporation that specializes in manufacturing equipment used in the production of semiconductors. Tokyo Electron Limited. focuses extensively on organic growth strategies such as expansions to strengthen its position in the market. In March 2023, the company announced a new development facility at the Hosaka office in Nirasaki City, Yamanashi Prefecture. This expansion will serve the continuous technological advancements used to make semiconductors more diverse and complex.