Profit at Nikon’s chipmaking equipment business has declined for two consecutive fiscal years. (Photo by Konosuke Urata)

TOKYO — Nikon plans to breathe new life into its lackluster chipmaking equipment business by selling a new product in China that uses technology old enough not to be subject to export controls.

Next summer, the Japanese manufacturer will release a stepper that uses i-line technology, which was initially commercialized in the early 1990s. This will be Nikon’s first new i-line system in 25 years.

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