LPKF Laser & Electronics (LPK) Investor presentation summary

Strategic vision and market positioning

• Focus on pioneering laser processing solutions for large volume markets, aiming to lead in implementing new technological standards with customers.

• Holds #1 positions in three out of four core markets, with an installed base in over 60 countries and 50 years of experience.

• Positioned for growth in AI advanced packaging, especially as the industry shifts from organic to glass substrates.

• Engaged with tier-1 customers for ramp-up, with over 70% of advanced packaging customers selecting their solutions.

• Scalable, capex-light assembly model supports rapid expansion as orders increase.

Technology leadership and innovation

• LIDE (Laser Induced Deep Etching) technology enables defect-free, high-precision glass microstructures, critical for advanced packaging.

• Dominates prototyping lines and holds strong global IP, with 8 years of field operation and extensive process data.

• Offers end-to-end glass processing solutions, including TGV formation, singulation, and adhesive-free glass bonding.

• Co-packaged optics (CPO) with glass substrates identified as a major future growth area, leveraging glass's optical properties.

• Strategic roadmap targets high-volume ramp-up in advanced packaging and CPO markets by 2028-2030.

Market trends and growth opportunities

• Glass substrates are emerging as the next disruption in semiconductor packaging, offering larger package sizes, higher bandwidth, and lower energy consumption.

• Patent activity in glass substrates has surged, signaling a market inflection point and growing industry adoption.

• Major industry players (Samsung, Intel, TSMC, Apple) are investing in glass substrate technologies for AI and HPC applications.

• Total addressable market (TAM) for LIDE solutions projected to reach €1.7 billion by 2030, driven by AI and HPC demand.

• Perovskite solar modules expected to drive the next wave of clean energy innovation, with perovskite market share rising from 0.1% in 2025 to 12% in 2035.