Photronics, Inc. engages in the manufacture and sale of photomasks primarily for the semiconductor industry. Photomasks are high precision quartz plates containing microscopic images of electronic circuits. The company’s photomasks are used in the manufacture of semiconductors and flat panel displays, as well as used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, and other types of electrical components. Photronics sells its photomasks to semiconductor designers, manufacturers, foundries, and other high performance electronics manufacturers through its sales personnel and customer service...