It has been the main reason they haven't pushed the button on the DZP all this time. The monopoly just drops prices to stifle competition.
There must be a few other companies struggling at the moment as well with the artificial prices. A few i can think of are ARU, LYC and ILU.
ASM's advantage is the metal processing and their diversity of product but it is still difficult.
It will be interesting to see whether the West is genuine in supporting competition to China or whether it is all talk. It is fair enough for ASM to stage their progress until they can receive pricing contracts that allow them to profit.
Absolute shite at the moment for sure.
ASM Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held
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