-- ASMPT Announces Assessment of Strategic Options for SMT Solutions Segment
ASMPT (HKEX: 0522), the world’s leading provider of integrated hardware and software solutions for semiconductor and electronics manufacturing announced that it is initiating an assessment of strategic options for its SMT Solutions Segment (SMT). This assessment is part of ASMPT’s transformation journey and ongoing commitment to maximize shareholder value, while safeguarding the interests of all stakeholders, including employees, customers and suppliers.
The aim of the assessment is to identify potential opportunities that best support the long-term growth and success of SMT while allowing ASMPT to focus on its growing Semiconductor Solutions Segment (SEMI).
The assessment will consider a range of options for SMT, which may include but are not limited to a divestiture, joint venture, spin-off and public listing, or retaining and supporting the strategic development of SMT to ensure its long-term success and value creation.
As the global market and technology leader, SMT combines in-depth process knowhow, innovative technology, industry leading hardware, software, and service solutions. SMT’s unique portfolio delivers integrated solutions for the electronics manufacturing and critical applications across the automotive, industrial, consumer electronics and semiconductor end markets. These range from high-mix/low-volume to high-speed mass production and advanced packaging technologies.
SMT’s product portfolio includes high-precision DEK printing machines as well as the powerful SIPLACE placement platform which was recently supplemented by the newly-designed and innovative SIPLACE V platform. This solutions portfolio is complemented by a comprehensive suite of software solutions from machine and line level to factory and enterprise level. SMT’s manufacturing execution system (MES) is a modular, scalable, and cloud-ready platform that integrates seamlessly with enterprise systems and factory automation solutions.
Morgan Stanley Asia Limited is acting as the exclusive financial advisor of the Company in connection with the assessment.
About ASMPT Limited
ASMPT Limited is a leading global supplier of hardware and software solutions for the manufacture of semiconductors and electronics. Headquartered in Singapore, ASMPT's offerings encompass the semiconductor assembly & packaging, and SMT (surface mount technology) industries, ranging from wafer deposition to the various solutions that organise, assemble and package delicate electronic components into a vast range of end-user devices. ASMPT partners with customers very closely, with continuous investment in R&D helping to provide cost-effective, industry-shaping solutions that achieve higher productivity, greater reliability, and enhanced quality.
ASMPT is listed on the Stock Exchange of Hong Kong (HKEX stock code: 0522) and is one of the constituent stocks of the HKEX Tech 100 Index, Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Corporate Sustainability Benchmark Index, and the Hang Seng HK 35 Index. To learn more about ASMPT, please visit us at http://www.asmpt.com.
