Questions around this news
What orders did ASMPT announce?
ASMPT said it had received repeat orders for 15 chip-to-substrate thermo-compression bonding tools from a major outsourced semiconductor assembly and test partner associated with a leading foundry. The company described itself as the sole supplier and Process of Record for the relevant applications, which it said support bonding larger compound dies for the customer’s next-generation chips.
What is thermo-compression bonding?
Thermo-compression bonding is a method of joining semiconductor components by applying heat and pressure. The process brings surfaces into contact so that they bond, and is used in advanced packaging to connect chips or dies with other components. Specific processes and equipment vary according to the materials, package design and manufacturing requirements.
What does OSAT mean in semiconductor manufacturing?
OSAT stands for outsourced semiconductor assembly and test. These companies provide services such as assembling semiconductor dies into packages and testing the resulting products, rather than designing or fabricating the chips themselves. Chipmakers may use OSAT providers as part of their manufacturing and packaging supply chains.
What market outlook did ASMPT give for thermo-compression bonding?
ASMPT said it expects the total addressable market for thermo-compression bonding to exceed US$1 billion by 2027. It also estimated that it could capture 35% to 40% of that expanded market. The company linked the anticipated market growth to investment and developments in the artificial-intelligence ecosystem.
ASMPT wins repeat orders for 15 C2S TCB tools from a major OSAT partner, positioning to capture significant share of a growing AI-driven market.
December 23, 2025 -- ASMPT (HKEX: 0522), the world’s leading provider of integrated hardware and software solutions for semiconductor and electronics manufacturing, announced it had secured additional orders for 15 Chip-to-Substrate (C2S) Thermo-Compression Bonding (TCB) tools for cutting-edge AI computing chips from a major OSAT partner of a leading foundry, following an earlier order win.

ASMPT continued to win orders as the sole supplier and Process of Record (POR) for the C2S TCB applications, enabling the customer’s next generation bonding for larger compound dies. Driven by advancement in artificial intelligence and high-performance computing applications, ASMPT is well-positioned to capitalise on the industry growth underpinned by its technological leadership.
"Winning these repeat orders underscores our customers’ trust in ASMPT as the technology and production partner of choice," said Robin Ng, Group CEO, ASMPT. “This confidence is built on ASMPT’s ability to deliver production-proven solutions. Furthermore, ASMPT’s unmatched TCB solutions, spanning chip-on-wafer, chip-on-substrate, and HBM applications cement ASMPT as the essential enabler of the industry’s ambitious advanced packaging roadmaps.”
Driven by recent developments and investments in the AI ecosystem, ASMPT anticipates that the TCB Total Addressable Market (TAM) will surpass US$1 billion by 2027. The Group is strategically positioned to capture an estimated 35% to 40% share of this expanded market.
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 www.asmpt.com.
For media enquiries:
Global ASMPT Press Office
ASMPT Ltd Lim Ee Guan
Director, Corporate Communications
E-Mail: [email protected]
Global ASMPT Semiconductor Solutions Press Office
ASMPT Ltd
Jessica Ho
Semiconductor Solutions
E-Mail: [email protected]
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At a glance
- Company
- ASMPT
- Ticker
- HKEX: 0522
- Announcement
- Product
Key figures
- Additional C2S TCB tools ordered
- 15
- Anticipated TCB market size by 2027
- US$1 billion
- Estimated share of expanded TCB market
- 35% to 40%
People
- Robin NgGroup CEO, ASMPT
Products and programs
Earlier from ASMPT Limited
- ASMPT Secures Additional Orders for Fifteen Chip-to-Substrate Thermo-Compression Bonding Tools Driven by AI Tailwind
- ASMPT Wins New Orders for Nineteen Chip-to-Substrate TCB Tools to Serve AI Chip Market
- ASMPT Wins New Orders for Nineteen Chip-to-Substrate TCB Tools to Serve AI Chip Market
- ASMPT Announces Strategic Optimisation of its Manufacturing Operations