Korean branch is full of ambiguous standards
Pros
1. Exclusive EUV Lithography Technology ASML is the only company in the world that has successfully commercialized Extreme Ultraviolet (EUV) lithography. This technology is essential for producing cutting-edge chips at 5nm and below, making ASML indispensable to companies like TSMC, Samsung, and Intel. 2. Unmatched Technological Leadership ASML invests heavily in R&D, often allocating 15–20% of its revenue to innovation. Its systems integrate advanced optics, precision mechanics, software, and vacuum technologies, making them some of the most complex machines ever built. 3. Strong Global Collaboration Ecosystem ASML works closely with partners like Zeiss (optics) and Trumpf (lasers) to co-develop critical components. It also collaborates directly with customers to tailor solutions to their specific manufacturing needs. 4. High Entry Barriers and Market Dominance The complexity and cost of lithography systems create extremely high entry barriers for competitors. ASML dominates both the DUV (Deep Ultraviolet) and EUV markets, with virtually no competition in EUV. 5. Sustainable Long-Term Growth With the global demand for semiconductors rising, ASML’s equipment is in increasing demand. The company is also developing next-generation High-NA EUV systems, ensuring its leadership well into the future.
Cons
(Korea) Managers are very non-technical and foolish.