2025 cleaning product faced difficulty with new applications; Lingang production start helped solve most issues.
Q1 cleaning product shipment increased 32% year-over-year; project backlog for first 6 months vs. prior year first 6 months increased ~50%.
SPM process (proprietary technology) achieved excellent results at 15-nanoparticle size; expects 15–20 tool deliveries to customers in Asia/China.
Mgmt stance: Bullish — solving application issues, shipment and backlog growth, and technology outperformance vs. leading global supplier support confidence in market share gains.
Q2 — Denis Pyatchanin
Topic: ECP, front-end packaging, and other technologies segment strength
Key points:
Plating business growth driven by front-end, HBM, and advanced packaging (2.5D and other applications).
Advanced packaging wet process tools (coater, developer, wet etcher, PR stripper, cleaning) also contributing.
Mgmt stance: Bullish — sustained strength across multiple drivers (HBM, advanced packaging) and tool categories.