{ "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": 153, "pageCount": 334, "prevPage": 152, "nextPage": 154, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide uses a Q&A format to present expert testimony.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/153", "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-153", "components": [ { "bbox": null, "kind": "callout", "text": "I work a lot with the boots on the ground at Lasertec, and they complain about having to maintain their light sources, and they kind of wish that Ushio was maintaining more of the light sources.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-78b6-764f-bc83-455a9d421aa2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.86, "x": 0.07, "y": 0.39 }, "kind": "list", "text": "Ushio sees no difference between the A150 and purported A300 machines with a new light source; “It’s all the same”\nQ: “Do the Lasertec machines with the Urashima light source look the same as the A150 with the Ushio source? When you see the two machines open, do they look fairly similar?”\nA: “Yeah, on the Lasertec side, it’s all the same, as far as I can tell.”\nQ: “So, they just went with a different light source, but everything else is pretty much identical. It goes into the same space, the same housing - all that stuff?”\nA: “It seems that way.” – Ushio field engineer who maintains light sources on Lasertec ACTIS A150 machines at Intel Oregon fab", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0903c0b3-1ea0-484a-84d7-7301c071b852", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.28, "w": 0.86, "x": 0.07, "y": 0.63 }, "kind": "list", "text": "Lasertec field engineers “complain” about the Urashima light source; “management made some compromises”\nQ: “I imagine Ushio must feel like they got thrown under the bus if Lasertec is switching light sources. What do you guys think?”\nA: “We’re not happy about it. We are continuing on servicing the machines that are in the field, hoping that maybe somebody will come to their senses.”\nQ: “What do you mean \"come to their senses?\" Do you think they made a mistake with this Urashima product? Ushio would obviously have an interesting perspective on it.”\nA: “Being boots on the ground, I work a lot with the boots on the ground at Lasertec, and they complain about having to maintain their light sources, and they kind of wish that Ushio was maintaining more of the light sources. I get the feeling that at least, the lower guys, the field service engineers at Lasertec, feel that management made some compromises by reducing their costs, trading off cost for convenience.” – Ushio field engineer who maintains light sources on Lasertec ACTIS A150 machines at Intel Oregon fab", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f624a63e-8d39-4a1f-b837-95abced7c452", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.86, "x": 0.07, "y": 0.07 }, "kind": "paragraph", "text": "We asked the Ushio engineer whether the A150 and Urashima A300 machines look any different when they are open, except for the two different EUV sources: “it’s all the same, as far as I can tell,” replying affirmatively when we then asked if everything else inside the tools is identical. He stated that Lasertec’s field engineers “complain” about the Urashima source as much as the A150 and that they are skeptical of their own company’s technology: “I work a lot with the boots on the ground at Lasertec, and they complain about having to maintain their light sources…[they] feel that management made some compromises….”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ed4ca468-07bf-4751-8786-9fd76ebe7850", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“It’s all the same, as far as I can tell,” — Ushio field engineer who maintains light sources on Lasertec ACTIS A150 machines at Intel Oregon fab. “I work a lot with the boots on the ground at Lasertec, and they complain about having to maintain their light sources...[they] feel that management made some compromises....” — Ushio field engineer who maintains light sources on Lasertec ACTIS A150 machines at Intel Oregon fab.", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-78b6-764f-bc83-489fb6e013b8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.25, "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": "696c0385-cfa1-4b87-8375-8638450f90c0", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }