ASM HOSTED SUPPLIER DAY 2022 AT SINGAPORE FACILITY
ASM International N.V. recently hosted its annual Supplier Day event in Singapore, attended by 120 suppliers from 13 countries. The event underscored ASM's growth amidst supply chain challenges and emphasized innovation, with a new manufacturing facility boasting double the capacity. CEO Benjamin Loh highlighted supplier collaboration as crucial to navigating industry conditions. Awards were given for performance and sustainability achievements, including the Sustainability PRISM award. ASM aims for net-zero emissions, emphasizing collaboration across the value chain.
- Successful in-person Supplier Day event showcases strong supplier relationships.
- New manufacturing facility in Singapore doubles production capacity.
- Recognition of supplier performance likely fosters stronger partnerships.
- Focus on sustainability aligns with industry trends.
- None.
Almere, The Netherlands
November 18, 2022
ASM hosted its annual Supplier Day event, awarding suppliers for performance and sustainability
ASM International N.V. (Euronext Amsterdam: ASM) held its annual Supplier Day last week, for the first time in-person at our new Woodlands Manufacturing facility in Singapore. The event was attended by 120 supplier attendees from 13 countries from across ASM’s global supply chain.
Benjamin Loh, CEO of ASM, said: ”Our suppliers are key to our growth and execution and sharing our expectations and direction. Thanks to their support and commitment we have been able to successfully navigate the challenging industry-wide supply chain conditions this year, delivering on our customer requirements as best as possible and driving significant increases in our revenue.”
The meeting highlighted ASM’s ongoing growth through innovation. Suppliers were given the opportunity to tour the new ASM Woodlands Height Singapore facility, which features double the capacity of the former building and will again double capacity with the second manufacturing floor, which is on track to be production ready early 2023. The company also addressed the acquisitions of Reno and LPE.
ASM awarded suppliers whose performance had a tangible impact on its success this year, despite being a difficult year. Award recipients demonstrated flexibility, strong collaboration for technical developments, commitment to supporting ASM’s business success, and the ability to navigate and recover from supply chain challenges. The suppliers awarded for performance and partnership are:
- Joungwoo N-Tech
- Techcom Technology Pte. Ltd.
- AGC Electronics America, Inc.
Sustainability was also a key topic at the event, with a priority focus on ASM’s net zero target and the collaboration across the value chain needed to achieve it. The second annual Sustainability PRISM award was presented to suppliers who exemplified actions and results in three categories. This year’s winners are:
- Leadership: THERMOCOAX
- Collaboration: HQ Pack
- Innovation: Plexus Corp.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASM's website at www.asm.com
Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
CONTACT
Investor and media contact:
Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com
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