ASM Pacific Technology Invests in its Future with the Opening of its R&D Center in Taiwan

Jan 22, 2018 17:02 JST

Source: ASM Pacific Technology Limited

Taiwan, Jan 22, 2018 - (ACN Newswire) - In recent years, driven by the increased connectivity, sophisticated data-gathering and analytics capabilities enabled by the Internet of Things (IoT) have led to a shift toward an information-based economy. With these waves of change reshaping the technology landscape, the market will need more advanced semiconductor products to meet the global demand. This has led to ASM Pacific Technology Ltd. (ASMPT), a world leader in the supply of semiconductor assembly and packaging equipment and materials, as well as surface mount technology applications to ride on the current trend as it announced today the opening of its Research & Development Center in Taiwan.

The R&D Center which houses mainly the software engineers will focus on research and development of technologically leading products and solutions that are customizable accordingly to the customers' needs for Industry 4.0 projects and smart factories. The R&D Center will also represent potential opportunities to bridge closer collaborations between ASMPT and its industry partners in the exchange of ideas and knowledge.

Said ASMPT's CEO Mr Lee Wai Kwong "One of our key successes is built on our ability to deliver innovative products with differentiated values to our customers. We invested a total of US$180 million dollars last year on technology research. The opening of Taiwan R&D Center further affirms our commitment towards Research and Development in supporting the Group's future growth."

Mr. Lee continued, "The Group was recently ranked in the 2018 Thomson Reuters Top 100 Global Technology Leaders alongside with other technology top players such as Apple, Accenture, Cisco, IBM, ACER, ASE, SPIL, ASUS, Liteon, PTI, UMC and TSMC in Taiwan etc. Being the only company based in Hong Kong, this firmly attests to the Group's solid foundation in financial performance, innovation, investor confidence, reputation and risk resilience etc."

Besides able to provide immediate hands-on support to the Taiwan customers, the availability of large pool of highly qualified engineering talent, reputable universities and research institutes, as well as strong government support are some of the key reasons that attracted ASMPT to Taiwan. With this new setup, ASMPT now has seven R&D Centers which include China (Chengdu), Hong Kong, Singapore, Germany (Munich), United Kingdom (Weymouth) and The Netherlands (Beuningen) around the world. ASMPT also operates in more than 30 countries including ten manufacturing facilities in China (ie Shenzhen, Huizhou and Hong Kong), Germany, Malaysia, Singapore, the Netherlands and United Kingdom.

Currently ASMPT employs a total of 1,800 professional engineers worldwide and is expected to hire up to 100 R&D professionals for the Taiwan R&D Center in the next three years.

About ASM Pacific Technology
ASMPT, founded in 1975, is the only company in the world that can offer high-quality equipment for all major steps in the electronics manufacturing process - from carrier for chip interconnection to chip assembly and packaging to SMT. No other supplier offers a comparable range and depth of process expertise.

ASMPT's Back-end Equipment Business offers a diverse product range from bonding to molding and trim & form to the integration of these activities into complete in-line systems for the microelectronics, semiconductor, photonics, and optoelectronics industries. Its Materials Business provides customers with a variety of leadframes such as etched and stamping as well as advanced packaging materials. ASMPT' SMT Solutions develops and sells best-in-class DEK printers for the SMT, semiconductor and solar markets as well as best-in-class SIPLACE SMT placement solutions.

ASMPT is listed in the Hong Kong Stock Exchange since 1989.

For media enquiries, please contact:
Hong Kong
Mandy Go
Strategic Financial Relations Limited
Tel: (852) 2864 4812
Email: mandy.go@sprg.com.hk

Singapore
Joey Ng
Senior Manager, Corporate Communications
Tel: +65 6750 9567
Mobile: +65 9877 5032
Email: joey.ng@asmpt.com
Website: www.asmpacific.com

Source: ASM Pacific Technology Limited
Sectors: Daily Finance, Daily News