Shouichirou Kamisaki's questions to TOELY leadership • Q3 2025
Question
Asked about the outlook for cryogenic etching, including the number of expected PORs, the market size forecast for 2027, and the product's competitive advantages.
Answer
The company has won one high-volume manufacturing POR for cryo etching, with significant contribution expected next year, and evaluations are ongoing with other NAND customers. The competitive advantages are a high etch rate, improved productivity when combined with their coating process, and lower cost of consumables. The $2 billion market size forecast for 2027 remains unchanged.