Comparing the current results to its competitors, Onto Innovation Inc reported Revenue increase in the 1 quarter 2026 by 9.45 % year on year. The revenue growth was below Onto Innovation Inc 's competitors' average revenue growth of 16.09 %, achieved in the same quarter.
Onto Innovation Inc 's Comment on Competition and Industry Peers
The company operates in the global semiconductor equipment industry, competing across multiple segments including automated systems, thin film and critical dimension OCD metrology, advanced packaging inspection, advanced packaging lithography, and panel inspection. Key competitors in automated systems include KLA Corporation and Nova Ltd. In thin film and critical dimension OCD metrology, the principal competitors are KLA Corporation and Nova Ltd. For advanced packaging inspection, the main competitors are KLA Corporation and Camtek Ltd. In the advanced packaging lithography segment, the primary competitors are Ushio, Inc. and Canon, Inc. For panel inspection, the primary competitor is GigaVis Co. Ltd.
April 23, 2024
The semiconductor industry giant, Onto Innovation Inc (NYSE: ONTO), proudly debuted a new sub-surface inspection capability for its critically acclaimed Dragonfly G3 sub-micron 2D/3D inspection and metrology platform. This development is considered a milestone as it introduces a capability of entire wafer inspection, focusing on the detection of critical defects that have an immense impact on yield. Such defects have remarkable repercussions on the production line including the loss of a die and, in some instances, causing the breakage of the entire wafer in subsequent processing stages. Interestingly, prior to this ground-breaking innovation, such defects presented a major challenge as they were essentially...
Applied Materials Inc operates as a key player in the semiconductor equipment sector, delivering cutting-edge manufacturing solutions that support the production of next-generation electronic devices. Their business model focuses on developing, manufacturing, and maintaining advanced equipment and materials essential for chip fabrication, display technology, and solar energy production, serving a diverse clientele of semiconductor manufacturers globally.
Tower Semiconductor Ltd is a leading global specialty foundry company that provides advanced technology and manufacturing solutions for integrated circuits (ICs) in sectors such as consumer electronics, automotive, medical, and more. The company operates on a fabless business model, partnering with customers to develop and manufacture their ICs on Tower's advanced semiconductor manufacturing platform.
Lam Research Corporation operates as a global supplier of wafer fabrication equipment and services to the semiconductor industry, providing advanced solutions for the manufacturing of high-performance integrated circuits. The company primarily generates revenue through the sale, service, and support of its equipment, along with long-term contracts with semiconductor manufacturers.
Kla Corp operates on a business model centered around providing advanced equipment and services that enhance semiconductor manufacturing processes. The company focuses on delivering cutting-edge solutions that improve yields and efficiency for customers in the electronics industry. By leveraging innovation in technology and data analytics, Kla Corp supports manufacturers in meeting the increasing demands for performance and quality in their electronic products.
Sources:
Onto Innovation Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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