In brief
ASMPT Limited says it will close ASMPT Equipment (Shenzhen) Co., Ltd., a manufacturing facility in Bao’an, Shenzhen, that belongs to its Semiconductor Solutions Segment. The company says approximately 950 staff are affected and that support measures are being arranged for employees during the transition. ASMPT describes the decision as an effort to align its global supply chain with changing market conditions and customer requirements. It expects the move to improve cost competitiveness, agility and resilience across its manufacturing operations. The company says its other major manufacturing operations will not be affected, and that customer deliveries, product quality and availability are expected to continue without disruption. ASMPT is headquartered in Singapore and is listed on the Stock Exchange of Hong Kong under stock code 0522.
Key takeaways
- ASMPT plans to close its Shenzhen equipment facility, part of the Semiconductor Solutions Segment.
- The closure affects approximately 950 staff; the company says employee support measures are being arranged.
- ASMPT says its other key manufacturing operations will remain unaffected.
- The company expects customer deliveries, product quality and availability to continue without disruption.
Singapore, August 15, 2025 -- ASMPT, a global leader in semiconductor and electronics manufacturing, announced today a strategic optimisation of its manufacturing operations in China.
ASMPT has decided to close ASMPT Equipment (Shenzhen) Co., Ltd. (先進半導體設備 (深圳) 有限公司) in Bao’an, Shenzhen. This facility is part of the company’s Semiconductor Solutions Segment, and the closure affects approximately 950 staff. This was a tough but necessary decision to optimise ASMPT’s global supply chain to better align it with evolving market dynamics and customer needs. It is expected to improve the cost competitiveness, agility and resilience of ASMPT’s global manufacturing operations for its key products and solutions.
ASMPT is committed to treating all affected employees with fairness, dignity and respect. Comprehensive support measures are being put in place to assist impacted staff through the transition.
ASMPT’s other key global manufacturing operations are unaffected by the closure. Its supply chain is fully aligned to ensure uninterrupted delivery to all customers, with no impact on the quality or availability of its products and services.
This strategic alignment reflects the company’s continued commitment to operational excellence, responsible business practices and sustainable long-term growth.
About ASMPT Limited (“ASMPT”)
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, which include electronics, mobile communications, computing, automotive, industrial and LED (displays). 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 also a founding member of the Semiconductor Climate Consortium.
ASMPT is listed on the Stock Exchange of Hong Kong (HKEX stock code: 0522) and is one of the constituent stocks of the Hang Seng TECH Index, Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under the 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 asmpt.com
Media contacts:
Lim Ee Guan,
Director Corporate Communications
Tel: +65 6450 1445
Email: [email protected]
Website: asmpt.com
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Questions around this news
Why is ASMPT closing its Shenzhen manufacturing facility?
The company says the closure is intended to optimise its global supply chain and better match manufacturing operations with changing market conditions and customer requirements. It expects the move to strengthen the cost competitiveness, agility and resilience of its global manufacturing operations for key products and solutions.
How many employees are affected, and what support will they receive?
The closure affects approximately 950 staff at the Shenzhen facility. ASMPT says it is putting comprehensive support measures in place to help affected employees through the transition and has committed to treating them fairly and with dignity and respect.
Will the Shenzhen closure disrupt customer deliveries or product availability?
ASMPT says its supply chain is aligned to maintain uninterrupted deliveries to customers, with no expected impact on product or service quality or availability. The company also states that its other key global manufacturing operations are not affected by the closure.
What does surface mount technology mean?
Surface mount technology is a method of assembling electronic circuits by placing components directly onto pads on the surface of a circuit board. It allows manufacturers to use compact components and automate many assembly steps, and it is widely used in the production of electronic devices.
