Semiconductors are perhaps the biggest 21st Century industry.
Here is a brief overview of 3 ASX companies involved with Semi Conductor industry worth dyor on for a potential LT hold/accumulate,
imo/jmt
RVS
(Mcap~$38m, 105mSOI > 79m ff. Low 18cents nov20 > High 49cents feb21, currently 41cents)
* makes equipment used in the manufacturing process for semiconductors.
* its flagship products are a silicon carbide polishing machine&silicon carbide grinding machine, used to produce silicon carbide wafers from which microchips are made. Silicon carbide wafers are estimated to deliver a 20 per increase in battery range for EVs compared with silicon-only chips, and a higher energy efficiency for EV chargers. SiC polisher allows RVS to tap high-growth end markets, such as automotive and 5G,
on the back of SiC’s growing acceptance among IDMs as the substrate of choice in these end markets.
PVS
(Mcap~$150m, 120mSOI > ~$96m freefloat. Low 71cents nov20 > High $1.40 currently $1.33
* production partnerships in South Korea and China, research partnerships in the US and a strategic partnership with a leading Japanese OEM.
* develops&supplies gas flow control systems to semiconductor manufacturers including Brooks Instruments, Fujikin and Hitachi Metals.
Pivotal said in a company presentation that it forecasts the market for supplying equipment to the semiconductor sector will grow by 11.6 per cent in 2021, despite COVID-19.
BLG
(Mcap~$60m, 720mSOI > 580m ff. Low 2cents may20 > High 12cents nov20, currently ~8cents)
* developing a unique semiconductor manufacturing process ( remote plasma chemical vapour deposition (RPCVD) system)
* recently entered the laser diode market. Laser diodes have faster response times & focus radiation better than LED lights in industrial cutting/ welding.
