TOKYO -- Japan's Canon Inc. plans to invest around 100 billion yen (about $847 million) by March 2006 in an attempt to attain the top position in lithography equipment, according to reports Monday (August 25, 2003).
To do that the company would have to overtake ASML Holding NV and Nikon Corp., its two rivals in the semiconductor manufacturing equipment.
Canon's investment is set to focus on developing and commercializing next-generation steppers for defining critical dimensions of 60 nanometers or less.
This level of investment, which could be sustained by Canon's position in office equipment, is not so easily available to ASML or Nikon, the articles assert. ASML is a specialized company that only sells lithography equipment while Nikon's diversity is less than Canon's encompassing professional and digital cameras.
Along with the investment, Canon plans to hire 300 new employees for its stepper division, including 250 engineers, one report said.