ASMPT Provides Diversified Leverage to Growth in Global Electronics and Semiconductors

ASM Pacific Technology, or ASMPT, provides investors with exposure to long term high growth themes such as Big Data, 5G mobile networks and handsets, proliferation of semiconductors in autos and industrial “Internet of Things” through the leading global equipment supplier in assembly and packaging and surface mounted technology. The high-tech nature of the equipment supply industry provides barriers to new entrants and allows most incumbents to earn above cost of capital returns over the long term, with ASMPT being no exception. We expect the company to continue to make strategic acquisitions in related areas where it can plug technology holes and add value through investment.