Innolux buys $16m from Photomask producer
Innolux (3481.TT) has purchased $16.3m worth of equipment from Japanese Photomask producer Hoya (7741.JP) which we believe are destined for their F8 fab in Kaohsiung, Taiwan. This fab is a mixed use facility, producing a-Si and LTPS LCD displays and small quantities of OLED panels. While we cannot make the assumption that the masks are destined for a particular line, as the expanded OLED line is not expected to be in operation until early 2019, we would assume they will be used for existing LCD production.
Hoya was the original developer of photomasks and we believe remains the leader in the field today. These masks are used as the ‘masters’ during the process of transferring highly detailed circuit patterns onto wafers or other substrates during most semiconductor processes.
Hoya was the original developer of photomasks and we believe remains the leader in the field today. These masks are used as the ‘masters’ during the process of transferring highly detailed circuit patterns onto wafers or other substrates during most semiconductor processes.
Figure 3 - Hoya Photomask - Source: Hoya
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