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  "documentTitle": "Lasertec Corporation (6920)",
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  "presentationDate": "2024-06-05 00:00:00",
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  "notes": "Includes direct quotes from industry experts regarding customer sentiment and the competitive landscape for EUV mask inspection tools.",
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      "text": "Lasertec's largest customers – notably TSMC, Intel, and Samsung, which are 77% of its revenue – are struggling, exasperated, and/or furious",
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      "text": "Due to \"the struggle of the Lasertec tool both on the performance side and...on the stability or uptime side,\" key customers are \"begging\" KLA to hurry their upcoming actinic mask inspection tool.",
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      "text": "We asked if Intel and TSMC \"hate\" the Lasertec tool, and the expert replied \"correct\" and stated that their dilemma is to either not use a pellicle and avoid using Lasertec - TSMC's approach - or to use a pellicle and suffer with the lack of reliability.",
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      "text": "Oh my God...the amount of pressure, it's inconceivable...the pressure is insane...from Samsung and TSMC combined...TSMC number one. Customers complain that its lack of reliability requires them to purchase redundant tools: 'that's why sometimes there are two tools...they need to have a backup tool...it breaks everything...and that's the number one problem they have.' — Industry Expert",
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