{
  "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": 219,
  "pageCount": 334,
  "prevPage": 218,
  "nextPage": 220,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses Q&A format to present expert testimony.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/219",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-219",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "TSMC “will not consider” Lasertec’s EUV tool for production; only a niche lab/R&D tool in the mask shop; using legacy DUV inspection machines instead as EUV inspection “is not necessary”; only purchased six A150 machines",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9617-dc48799feaf0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.86,
        "x": 0.07,
        "y": 0.38
      },
      "kind": "paragraph",
      "text": "TSMC “will not consider” Lasertec’s EUV tool for production; only a niche lab/R&D tool in the mask shop; using legacy DUV inspection machines instead as EUV inspection “is not necessary”; only purchased six A150 machines\nA: “Both the LastertecX8 Ultra and X9 Ultra are the DUV light source, but they are inspecting the EUV mask. The main reason is for the throughput. And it is not necessary...”\nQ: “You’re saying TSMC uses the X8 and X9 Ultra in the fab instead of the ACTIS?”\nA: “Yes. Because of the throughput. TSMC will not consider the A300 or A150 for production. They will only exist in the EPO mask house. The EPO—we call it the EP Organization in TSMC. TSMC has already purchased six sets of A150. So, they already bought six tools. Six A150 tools. But last year, they also purchased the first A300. And the first A300 because they changed the light source, Urashima.” – Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "40cc91ee-3f9f-4cb7-822e-16d16675c1f7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.86,
        "x": 0.07,
        "y": 0.24
      },
      "kind": "paragraph",
      "text": "Lasertec’s new A300 actinic tool “failed” evaluation at TSMC\nQ: “I heard the light source in the new Lasertec tool, the A300, doesn’t work, and TSMC evaluated it, but I heard that it failed at TSMC. Is that true?”\nA: “[chuckles] Yes. It failed.” – Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "966b3b2a-3015-4f71-bd81-213a57e3dc9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“Yes. It failed” — Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC. “Both the LastertecX8 Ultra and X9 Ultra are the DUV light source, but they are inspecting the EUV mask. The main reason is for the throughput. And it is not necessary...” — Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC. “Yes. Because of the throughput. TSMC will not consider the A300 or A150 for production. They will only exist in the EPO mask house. The EPO—we call it the EP Organization in TSMC. TSMC has already purchased six sets of A150. So, they already bought six tools. Six A150 tools. But last year, they also purchased the first A300. And the first A300 because they changed the light source, Urashima.” — 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-e2eaa94c833a",
      "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": "28010b83-cd28-4d15-b407-d1c352ac62b9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.86,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "The TSMC executive indicated that the “new” ACTIS A300 with the Urashima light doesn’t work and that it failed TSMC’s evaluation: “Yes. It failed” – laughing as he told us.” He indicated that the evaluation occurred last year: “TSMC will not consider the A300 or A150 for production.”",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ba49fc3c-d827-4413-b1a1-ab9cf4b70e4b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}