Champion of structurally indispensable technology

Lasertec is a global leader of mask blank and photomask inspection systems used in the semiconductor production process.

It is a classic example of companies that have kept creating new avenues of growth via technological innovation.

It’s a key beneficiary of adoption of extreme-ultraviolet lithography (EUVL) which has been used in the mass production process by major semiconductor manufacturers like TSMC and Samsung since 2019.

EUVL equipment is structurally growing

EUVL equipment order growth and return on equity (ROE) trend

Source: Company data as at June 2023. 

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