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ASMPT Announces Strategic Optimization of Manufacturing Operations, Closes Shenzhen Factory
August 11, 2025 | ASMPTEstimated reading time: Less than a minute
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. 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.
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09/29/2025 | Global Electronics AssociationIndia has long been viewed as a country with vast potential in electronics manufacturing. Its large population, low labor costs, and growing domestic demand have made it an attractive destination for global companies looking to diversify production beyond China. In recent years, that potential has begun to materialize. Between 2017 and 2023, India emerged as one of the fastest-growing sources of finished electronics imports globally. This rapid expansion has been built on a foundation of imported components.