Frencken Group Likely to Ride on Lithography Industry's Organic Growth -- Market Talk

Dow Jones

Jul 14

0104 GMT - Frencken Group is likely to ride on the lithography industry's organic growth, Phillip Securities Research's Yik Ban Chong says in commentary. The company appears to be key supplier of components in most-advanced lithography machines used to produce 2nm-chips by its Netherlands-based customer, the analyst notes. Frencken's new products are turning into mass production and clients are moving production to Asia, while investments in new capacity have been made. The Singapore-listed company's front-end suite of products is expanding into components for deposition, etch and strip processes. The brokerage initiates coverage of the stock with a buy rating and a target price of S$1.76. Shares are 0.8% higher at S$1.32. (ronnie.harui@wsj.com)

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July 13, 2025 21:04 ET (01:04 GMT)

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The company appears to be key supplier of components in most-advanced lithography machines used to produce 2nm-chips by its Netherlands-based customer, the analyst notes. Frencken's new products are turning into mass production and clients are moving production to Asia, while investments in new capacity have been made. The Singapore-listed company's front-end suite of products is expanding into components for deposition, etch and strip processes. The brokerage initiates coverage of the stock with a buy rating and a target price of S$1.76. Shares are 0.8% higher at S$1.32. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frencken Group Likely to Ride on Lithography Industry's Organic Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrencken Group Likely to Ride on Lithography Industry's Organic Growth -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-14 09:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0104 GMT - <a href=\"https://laohu8.com/S/E28.SI\">Frencken</a> Group is likely to ride on the lithography industry's organic growth, Phillip Securities Research's Yik Ban Chong says in commentary. The company appears to be key supplier of components in most-advanced lithography machines used to produce 2nm-chips by its Netherlands-based customer, the analyst notes. Frencken's new products are turning into mass production and clients are moving production to Asia, while investments in new capacity have been made. The Singapore-listed company's front-end suite of products is expanding into components for deposition, etch and strip processes. The brokerage initiates coverage of the stock with a buy rating and a target price of S$1.76. Shares are 0.8% higher at S$1.32. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6504","symbol_name":"工业制品概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551921283","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551921283","pubTimestamp":1752455040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0104 GMT - Frencken Group is likely to ride on the lithography industry's organic growth, Phillip Securities Research's Yik Ban Chong says in commentary. The company appears to be key supplier of components in most-advanced lithography machines used to produce 2nm-chips by its Netherlands-based customer, the analyst notes. Frencken's new products are turning into mass production and clients are moving production to Asia, while investments in new capacity have been made. The Singapore-listed company's front-end suite of products is expanding into components for deposition, etch and strip processes. The brokerage initiates coverage of the stock with a buy rating and a target price of S$1.76. Shares are 0.8% higher at S$1.32. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6504":"工业制品概念","BK6073":"工业机械","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","E28.SI":"福根集团有限公司"},"translate_title":"Frencken集团可能会乘着光刻行业的有机增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"E28.SI":1},"content_text":"0104 GMT - Frencken Group is likely to ride on the lithography industry's organic growth, Phillip Securities Research's Yik Ban Chong says in commentary. The company appears to be key supplier of components in most-advanced lithography machines used to produce 2nm-chips by its Netherlands-based customer, the analyst notes. Frencken's new products are turning into mass production and clients are moving production to Asia, while investments in new capacity have been made. The Singapore-listed company's front-end suite of products is expanding into components for deposition, etch and strip processes. The brokerage initiates coverage of the stock with a buy rating and a target price of S$1.76. Shares are 0.8% higher at S$1.32. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 13, 2025 21:04 ET (01:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}