Cymer, Inc. (NASDAQ:CYMI)
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The Company is a supplier of excimer light sources, the essential light source for deep ultraviolet photolithography systems.
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The Company is a supplier of excimer light sources, the essential light source for deep ultraviolet photolithography systems.
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Dominant market leaders in industiral Excimer lasers, a key enabling technology behind photolithography stepper machines. Thoes in turn are running in all semiconductor fabs. CYMI will strongly benefit from the next cyclical upturn of the semicoductor industry. In the very long term (>4 years), their market position may be threatened by a disrupitve technology change from Excimer lasers to deep UV sources, which is currently prepared in R&D labs.