Nikon is pushing to reclaim ground in the semiconductor photolithography equipment market by undercutting Dutch rival ASML (ASML) on price, Nikkei Asia reported Friday, citing the Japanese company's president and chief executive, Yasuhiro Ohmura.
Nikon produces many components in-house, giving it a structural cost advantage, Ohmura told Nikkei.
The company is in talks with several major chipmakers in the US and Asia about new orders for its argon fluoride lithography equipment amid the artificial intelligence boom, with talks "nearing purchase orders," Ohmura reportedly said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: $1611.06, Change: $+5.29, Percent Change: +0.33%