ASM HOSTS SUPPLIER DAY 2021, PRESENTS SUPPLIER AWARDS

Rhea-AI Summary

ASM International N.V. held its annual Supplier Day, attended by over 150 suppliers, focusing on partnerships and sustainability. CEO Benjamin Loh emphasized growth through innovation and collaborations with suppliers to tackle industry challenges. Awards were given to key suppliers, highlighting their contributions during the pandemic. Suppliers recognized include Song Tat Precision and Kawasaki Heavy Industries. The inaugural sustainability PRISM award was presented to XP Power and CEVA Logistics for their impactful sustainability efforts.

Positive

• Strong supplier partnerships highlighted, enhancing ASM's operational capacity.
• Recognition of exemplary suppliers indicates robust collaboration and performance.
• Focus on sustainability aligns with industry trends, potentially improving brand image.

Negative

• None.

Almere, The Netherlands
November 5, 2021

ASM hosts key suppliers at annual Supplier Day event, launches inaugural sustainability PRISM award

ASM International N.V. (Euronext Amsterdam: ASM) held its annual Supplier Day this week. The virtual event was attended by over 150 supplier representatives from across ASM’s global supply chain.

Benjamin Loh, CEO of ASM International, thanked suppliers, saying, “Our suppliers are our lifeline. The semiconductor industry is experiencing a significant growth. With our strategy of ‘growth through innovation’, ASM is expanding capacity in operations, R&D, and facilities. Much more than just a supplier-customer relationship, we are counting on partnerships with our suppliers, working together to address technology innovations, growth, and sustainability”.

ASM awarded suppliers whose exemplary performance made a tangible impact on its success in the past year. Award recipients demonstrated creative solutions, open and honest alignment, expert navigation of the many supply chain challenges related to COVID-19, and close partnerships to enable ASM’s growth. The suppliers awarded for performance and partnership are:

• Song Tat Precision
• Kawasaki Heavy Industries
• VDL Enabling Technologies Group (Singapore)
  
  

A key theme of ASM’s Supplier Day was sustainability. ASM is committed to collaborating across its value chain, to increase the impact of sustainability initiatives. This includes key challenges such as addressing the climate crisis, ensuring human rights throughout the supply chain, and addressing important social topics and safeguards. The winners of the inaugural PRISM award have exemplified actions and results in sustainability. The winners of this year’s PRISM award are:

• XP Power
• CEVA Logistics

About ASM International

ASM International N.V., headquartered in Almere, the Netherlands, its subsidiaries and participations, design and manufacture equipment and materials used to produce semiconductor devices. ASM provides production solutions for wafer processing (front-end segment) as well as for assembly and packaging and surface mount technology (back-end segment) through facilities in the United States, Europe, and Asia. ASM’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit 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: victor.bareno@asm.com

 

Attachment

• 20211105 ASM Hosts Supplier Day 2021 Presents Supplier Awards

FAQ

What was the focus of ASM's annual Supplier Day in 2021?

The focus was on partnerships and sustainability, emphasizing supplier contributions.

Who were the award recipients at ASM's Supplier Day?

Award recipients included Song Tat Precision and Kawasaki Heavy Industries for performance.

What is the significance of the PRISM award given during the Supplier Day?

The PRISM award highlights suppliers excelling in sustainability initiatives.

How many suppliers attended ASM's Supplier Day in 2021?

Over 150 supplier representatives attended the virtual Supplier Day.

What are the names of the suppliers awarded the PRISM award?

The PRISM award was given to XP Power and CEVA Logistics.