|AMAT sees 30% Display growth. Cites LTPS. TCZ?......................................|
"Given the migration to laser annealing for LTPS backplanes"
Will this require way, way finer crystallization?
No one does LTPS like Cymer TCZ, Team Cymer Zeiss. ASML owns a good chunk Zeiss.
Applied Materials' CEO said in the company's recent earnings call that its display segment would grow 30% in FY 2018.
To meet that growth, Applied Materials' revenues must average $677 in each of the next three quarters, a feat it only accomplished once in the last nine quarters.
Applied Materials is counting on revenue growth from 10.5G LCD plants and from its operations in LTPS backplanes and OLED encapsulation, primarily for the smartphone sector.
Given the migration to laser annealing for LTPS backplanes, and a move to ALD in encapsulation away from AMAT’s PECVD, even generating revenues of $450 per quarter in these segments is questionable.