{ "docId": "019dd923-622c-750b-8b9a-0f4bec37392f", "docSlug": "f982379e2e48", "documentTitle": "Lasertec Corporation (6920)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2024-06-05 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 118, "pageCount": 334, "prevPage": 117, "nextPage": 119, "slideType": "cite_precedent", "function": "cite_precedent", "density": "overcrowded", "nDataPoints": 2, "notes": "The slide uses direct quotes from industry experts to validate claims about product failure and high maintenance overhead.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/118", "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-118", "components": [ { "bbox": null, "kind": "callout", "text": "The ACTIS A150 is an earlier version, and it has a lot of problems. When the company switched to EUV, it had to change the structure of the chamber, and there were some problems regarding the chamber structure and the source.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-78b6-764f-bc80-8384ef90e967", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.86, "x": 0.07, "y": 0.07 }, "kind": "paragraph", "text": "Another former Lasertec application engineer, who was primarily allocated to Intel, stated that “the ACTIS A150...has a lot of problems” especially “regarding the chamber structure and the source” which “tends to be unstable”: “customers want better maintenance and stability...the problem was the light source...it requires more time for maintenance once the machine breaks down.” The Ushio engineer added many important details, stating that Ushio has 20 field engineers in the US to service the light sources in the small number of ACTIS machines installed in total, plus another 10 for managing parts: “I’m on the Ushio team that maintains the light sources”; Intel’s “flagship cleanroom is in Oregon, D1X.”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "33ec1f18-9801-4e47-94b1-183d183d9714", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.86, "x": 0.07, "y": 0.64 }, "kind": "paragraph", "text": "Ushio has about 20 field engineers in the US to service the light sources in just a handful of A150 machines; plus another 10 staff", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "83ad0690-bfbc-481a-8c69-27998b4952ac", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.86, "x": 0.07, "y": 0.42 }, "kind": "paragraph", "text": "ACTIS A150 “has a lot of problems” especially with “the chamber structure and the source”; source is “unstable”; customers want “better maintenance and stability”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f4f0f8a6-af8a-4a95-bca0-47bb536b3492", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.86, "x": 0.07, "y": 0.47 }, "kind": "quote", "text": "“The ACTIS A150 is an earlier version, and it has a lot of problems...Customers want better maintenance and stability...the problem was the light source...it requires more time for maintenance once the machine breaks down.” - Former Lasertec product engineer", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6dd0b7a7-f251-470b-9472-7f6e0d042e9a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.86, "x": 0.07, "y": 0.69 }, "kind": "quote", "text": "A: “I’m on the Ushio team that maintains the light sources in Hillsboro...Q: “How many Ushio people are there in the U.S. servicing these Lasertec machines?” A: “In the U.S., I think about 20...And then we have a team of about 10 that just helps do the work, exchanging parts mostly” – Ushio field engineer", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d7e6bdc4-57a1-4d01-8fe3-b001550290d0", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“The ACTIS A150 is an earlier version, and it has a lot of problems. When the company switched to EUV, it had to change the structure of the chamber, and there were some problems regarding the chamber structure and the source. Initially, they used the source of a company called Ushio, and later, they upgraded that source...The laser source tends to be unstable, and it’s hard to make it. Customers want better maintenance and stability...the problem was the light source...it requires more time for maintenance once the machine breaks down.” — Former Lasertec product engineer; 20 years in the industry and previously part of the EUV task force at one of the top 3 semiconductor companies in the world", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-78b6-764f-bc80-86008c1aa30d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.07, "y": 0.94 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7889dbc3-647a-4cd8-8a33-71b89ca6121c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "authority-citation", "slug": null, "matchId": "c2f0e593-1cfd-47b8-814d-6606ffa8686b", "evidence": "Uses expert testimony to validate technical claims", "confidence": 0.9 } ], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }