Serenity is optimistic about LPKF’s prospects for increased volume and expects its long-term market value to be between $3.0 billion and $5.0 billion.

robot
Abstract generation in progress
Mars Finance News, on June 22, Serenity earlier today discussed the semiconductor equipment and advanced packaging industry chain and stated that the long-term valuation range for LPKF Laser & Electronics may be between $3 billion and $5 billion, and believes it is in a critical stage before potential mass production ramp-up. Serenity said that LPKF has a high customer penetration rate in glass substrate-related process equipment and occupies about 70% of the target market share in specific technological routes (such as glass core substrates and advanced packaging processes), making it one of the key equipment suppliers in the industry chain. When comparing industry structures, the user compared LPKF to equipment manufacturers like Aehr Test Systems and AIXTRON SE, believing that such "small equipment niche companies" are usually limited by the total addressable market (TAM) size, and their market value is difficult to expand beyond $20 billion in the long term unless they possess multi-layer technological advantages similar to ASML. The comment also pointed out that in the fields of advanced semiconductor packaging and optoelectronic interconnects (CPO), the equipment supply chain is transitioning from the verification stage to the mass production stage, but there are still strong disagreements in the market regarding such assets, and valuation paths are highly dependent on future capacity ramp-up and customer volume growth.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned