Nikon challenges ASML with cheaper chip equipment, targeting market share

Nikon CEO Yasuhiro Ohmura plans to challenge ASML’s 80% market dominance by offering argon fluoride (ArF) photolithography equipment at lower prices.

The company intends to maintain profitability despite the lower price points by producing components in-house.

Nikon is currently nearing purchase agreements with multiple chipmakers across the United States and Asia. These deals signal a strategic move to diversify a customer base that has historically depended on Intel.