Photronics, Inc. is a global manufacturer of high-precision photomasks used in the fabrication of integrated circuits (ICs) and flat panel displays (FPDs). The company produces the critical master templates that transfer intricate circuit patterns onto semiconductor wafers and display substrates. Its business is divided into two primary segments: IC photomasks, which account for the majority of its revenue, and FPD photomasks used for LCD and OLED screens. Photronics operates 11 strategically located manufacturing facilities across the United States, Taiwan, China, South Korea, and Europe, allowing it to maintain close proximity to major global technology hubs. The company serves a diverse customer base of over 600 clients, including leading semiconductor manufacturers, foundries, and display designers. By focusing on both mainstream and advanced technology nodes, Photronics maintains a critical position in the upstream semiconductor and electronics manufacturing supply chain.