半导体生产设备行业展望

M FoundationInvestor Presentation | JapanSemiconductor Production Equipment: Industry OutlookMorgan Stanley MUFG Securities Co., Ltd.+Tetsuya WadakiEquity Analyst Tetsuya.Wadaki@morganstanleymufg.com +81 3 6836-8890 Semiconductor Production EquipmentJapanIndustry ViewAttractive Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision.For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report.+= Analysts employed by non-U.S. affiliates are not registered with FINRA, may not be associated persons of the member and may not be subject to FINRA r