ASMPT, a global leader in semiconductor packaging equipment, announced that it will close its subsidiary Advanced Semiconductor Equipment (Shenzhen) Co., Ltd. (AEC), located in Shenzhen’s Bao’an District. The decision is part of the company’s effort to optimize its global manufacturing footprint and restructure its manufacturing operations strategy. The adjustment will affect approximately 950 employees.
ASMPT stated in an announcement released through the Hong Kong Stock Exchange on August 11 that the closure of AEC is intended to improve efficiency and enhance global competitiveness. On August 8, the company’s shareholders approved the establishment of a liquidation committee to initiate a “voluntary liquidation” process for AEC.
According to the announcement, the closure aims not only to strengthen cost efficiency but also to enhance manufacturing flexibility and operational resilience. The company emphasized that the closure of the Shenzhen plant will not affect the operations of its other key manufacturing sites. Meanwhile, its supply chain network has been preemptively adjusted to ensure continued product delivery and service quality.
Background
ASMPT is a leading global manufacturer of semiconductor packaging and testing equipment, with manufacturing bases located in several strategic regions worldwide. The closure of AEC represents the latest step in its ongoing effort to optimize global operations, aligning with its broader strategy of improving efficiency and consolidating resources. Against the backdrop of volatility in the global semiconductor supply chain and rising cost pressures, such structural adjustments have become an increasingly common industry practice.
Conclusion
By closing its Shenzhen subsidiary, ASMPT aims to reinforce the resilience of its global operations and safeguard supply chain stability as part of its strategic manufacturing network optimisation.
Source: This article is based on publicly available reporting from Economic Information Daily (jjckb.cn). Original link: https://www.jjckb.cn/20250812/3f1aa315931f4ea38a8fa3e8a0accba1/c.html
Disclaimer: This article is provided for information-sharing purposes only. Some content has been excerpted from public reporting. Copyright belongs to the original author. If there are concerns regarding infringement, please contact us for prompt handling.