Turning to individual securities, Lasertec (TSE:6920, Financial), which makes photomask inspection equipment, contributed to overall performance in the first half. The company is currently the only provider of mask and mask-blank inspection equipment using EUV (extreme ultraviolet) as a light source. EUV adoption in major foundries and increased usage in memory makers is, in our view, likely to further enhance the business opportunity of the company.
From the Matthews Japan Fund (Trades, Portfolio)'s second-quarter 2020 commentary.
