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  "documentTitle": "Lasertec Corporation (6920)",
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  "notes": "The slide uses a historical document (KLA presentation) to validate the thesis that the market for EUV actinic tools is small, countering potential arguments that KLA failed to innovate.",
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      "text": "KLA’s actinic inspection tool was in development circa 2015/2017 but put on hold as they believed the market for such a tool was too small – a prescient view given the insignificant amount of Lasertec revenue that actually comes from EUV actinic tools versus its old DUV and other systems.",
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      "text": "KLA's actinic inspection tool was in development circa 2015/2017 but put on hold as they believed the market for such a tool was too small – a prescient view given the insignificant amount of Lasertec revenue that actually comes from EUV actinic tools versus its old DUV and other systems. A 2016 KLA presentation below details the “Teron 7XX” tool and its xenon-based light source – “Comprehensive multi-year investigation addressed and solved all significant technical risks.”",
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      "text": "Source: https://www.euvlitho.com/2016/S19.pdf",
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