{
  "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": 215,
  "pageCount": 334,
  "prevPage": 214,
  "nextPage": 216,
  "slideType": "quote_slide",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a Q&A format to highlight the expert's negative assessment of the product's production viability.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/215",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-215",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "it’s not a tool to support production because the production demands you have to quite frequently monitor and quite frequently check the EUV mask breaks.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9617-4bd59fe2076f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.86,
        "x": 0.07,
        "y": 0.31
      },
      "kind": "paragraph",
      "text": "TSMC stopped buying Lasertec EUV machines as it’s only a niche mask shop took; “not a tool to support production”\nQ: “Has TSMC basically stopped buying A150 machines from Lasertec? Are they still buying Lasertec A150 machines or no?”\nA: “No, unfortunately, no.”\nQ: “When did they stop buying them?”\nA: “I will say something – even if TSMC continues to work with Lasertec, now it's mainly in the mask house, instead of the production house, production area. So, for the EPL, for the mask house..it's not a tool to support production because the production demands you have to quite frequently monitor and quite frequently check the EUV mask breaks. The demand requirement is quite serious for a production tool, and the mask house tool is different because, for a production tool layout, they have to identify the falling particles, the damage. But the damage is caused by the operation. For production, you are dealing with damage, the falling particles from the operation. Normally, the criteria are different. So, when you change to the production tool, the Lasertec tool cannot meet demands in a production line.” – Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7ad50cbf-d1fb-46af-a823-b05e6359cebf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“No, unfortunately, no.” — Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9617-4e4f8853f7e6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.07,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Scorpion Capital consultation calls with experts",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "41f41d0c-90f0-4b38-8169-d47f7c1cd893",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.86,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "He stated that TSMC views the Lasertec ACTIS EUV tool as just a niche R&D tool for their mask shop; that it is unusable for production in TSMC’s fab; and that TSMC has stopped buying any more of Lasertec’s flagship ACTIS A150 machines, replying “no, unfortunately no” when we asked if they’re still willing to buy them. He emphasized that “it’s not a tool to support production” and that “the Lasertec tool cannot meet demands in a production line.”",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a4ce9d9-1710-49a1-8304-1002aba63333",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}