Comparing the current results to its competitors, Photronics Inc reported Revenue decrease in the 2 quarter 2026 year on year by -0.54 %, slower than the combined decrease of the PLAB's competitors by -6 %, recorded in the same quarter.
Photronics Inc Net Income in the 2 quarter 2026 grew year on year by 78.59%, while most of its competitors have experienced a contraction in net income by -14.74 %.
Photronics Inc 's Comment on Competition and Industry Peers
The photomask industry is characterized by high competition, with most customers sourcing from multiple suppliers. Key competitive factors include product quality, delivery timeliness, pricing, technical capability, service, and geographic proximity to customers. Photronics competes through customer service, investments in advanced equipment and facilities, and experienced technical staff. Competitors in the industry include Compugraphics International, Ltd., Dai Nippon Printing Co., Ltd. (outside Taiwan and China), Hoya Corporation, LG Innotek Co., Ltd., Shenzhen Newway Photomask Making Co., Ltd., Shenzhen Qingyi Photomask, Ltd., SK-Electronics Co., Ltd., Taiwan Mask Corporation, and Tekscend Photomask. Additionally, captive photomask manufacturing operations of semiconductor and flat panel display manufacturers also participate in the market.
despite revenue deterioration, Photronics Inc increased its market share in this segment. company increased its market share in this segment to approximately 0.46 %.
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Huntsman Corporation operates as a global manufacturer and marketer of differentiated chemicals. The company focuses on producing and selling a wide range of chemical products across various industries, including chemicals for plastics, coatings, textiles, detergents, and automotive markets. Huntsman's business model aims to meet customer needs through innovation, efficiency, and global distribution channels.
Sources:
Photronics 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.
Updated on:
Focus of this report: publicly traded companies.
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