{ "docId": "019dd923-622c-750b-8b9a-2ecae53b8884", "docSlug": "e1eb4b2e6802", "documentTitle": "Lasertec Corporation (6920)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2024-06-05 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 52, "pageCount": 56, "prevPage": 51, "nextPage": 53, "slideType": "executive_summary", "function": "summarize", "density": "balanced", "nDataPoints": 0, "notes": "Industry research note regarding Lasertec's competitive decline in EUV mask inspection.", "elementsJson": [ "paragraph", "bullet_list" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-2ecae53b8884/52", "deckHref": "/decks/019dd923-622c-750b-8b9a-2ecae53b8884", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-2ecae53b8884.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-2ecae53b8884#slide-52", "components": [ { "bbox": null, "kind": "callout", "text": "レーザーテックの極端紫外線装置があまりに不良で信頼性が低いために、主要な顧客であるTSMC、インテル、サムスンは極端紫外線マスクを検査するために水面下で“非極端紫外線”の検査法を代用している", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-5372-7340-8f8b-565279fdd8cf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.85, "x": 0.07, "y": 0.19 }, "kind": "list", "text": "レーザーテックのEUV装置の信頼性不足により、Intel、TSMC、SamsungがHHG光源を用いた独自検査装置を開発・使用している。", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "40bc9c86-0053-4fb3-ba6d-d201c9e0a8a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.85, "x": 0.07, "y": 0.51 }, "kind": "list", "text": "アクティニック検査の重要性と、電子ビームソリューションの必要性について言及。", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "53ec0e62-28bb-409b-8f9b-03832bb06648", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.85, "x": 0.07, "y": 0.62 }, "kind": "list", "text": "KLAの技術的進歩とASMLのマルチビーム開発がレーザーテックの市場シェアを脅かしており、業界内ではレーザーテックの優位性はあと2年程度と予測されている。", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5ff5d9fa-217c-46ec-abab-8a11648c94b0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.85, "x": 0.07, "y": 0.35 }, "kind": "list", "text": "高開口数（High-NA）リソグラフィの台頭により、レーザーテックの技術的優位性が失われつつあり、電子ビーム検査へのシフトが加速している。", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "91fe98b9-1b61-469f-88a3-a096c1efa573", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "「彼らは低出力の極端紫外線光源の技術であるHHGを使って、実質的に“自前”の検査装置を開発しました。インテルもそうしました。インテルは公表しませんが、実際に開発済みです。結果として3社とも同じような技術を使うようになりました。HHG、出力は微々たるものです。みんな開発していました。水面下でする会社もあれば、堂々と開発する会社もありました。サムスンはまだその装置を使っています。TSMCも。インテルもまだ使っているんじゃないかと思いますが、インテルは非常にプライベートな姿勢です。」 — 半導体専門家", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-5372-7340-8f8b-595f8d60befe", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.85, "x": 0.07, "y": 0.12 }, "kind": "title", "text": "第10部 レーザーテックの極端紫外線装置が信頼性を欠き、主要顧客が代替技術へ移行中", "attrs": null, "subkind": "action-title", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4b5e4a63-fd3a-4a3e-83d4-fba4750a5739", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.25, "x": 0.07, "y": 0.06 }, "kind": "title", "text": "詳細サマリー・調査結果", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, 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