2011 performance however was not only about financial results, but also about the continued strengthening of our business and business outlook resulting from our strong positions in growth markets, our progress in expanding our market share through critical competitive wins, and expansion of our served markets through strategic acquisitions.
I would like to briefly expand on each of those areas, as they represent the foundation and basis for our ability to continue to outperform the overall industry.
Let’s start with our primary served markets where capital investments are expected to outgrow spending in general. First and foremost, there is Optical Critical Dimension or OCD, our flagship technology and primary revenue driver. OCD has and is continuing to play an ever increasing role in the development and manufacturing of all types of solid state devices including logic, memory and thin film heads for disk drives.
Last quarter, we announced the release of our 1000th OCD recipe into production. A significant milestone for us as well as OCD technology. OCD recipes are a key indicator of the proliferation of our OCD solutions within our customers’ fabs.Notably, whereas the overall deployment of OCD recipes into production increased by more than 60% in 2011, the use of technology nodes of 3X and below increased by more than 150%. This clearly points to the increased reliance upon OCD to develop, monitor and control the production of the most advanced devices such as 3D transistors or thin pads. Those devices, which are the most complex feature sets the smallest feature sizes and the tightest process exists. In terms of growth, we estimate that the OCD market grew more than 30% in 2011, triple that of overall WFE for the failure. Similarly, our technology leadership and established footprint in the emerging market of advanced 3D wafer level packaging has us well positioned to benefit from yet another exciting growth area, where form factor performance and power consumption. Our fundamental drivers behind the inevitability of this packaging evolution. We fully expect this market to become a meaningful contributor to our business in the not too distant future. Read the rest of this transcript for free on seekingalpha.com