ASM INTL NV NY REG SHS - ASMIY STOCK NEWS

ASM International N.V. has announced that Supervisory Board member Monica de Virgiliis will not seek a second term and will step down in May 2024. Chair Pauline van der Meer Mohr stated that this decision was prompted by de Virgiliis' growing commitments, and it allows ample time for the Board to find a successor. She expressed gratitude for de Virgiliis’ intended contributions until her term ends. ASM specializes in manufacturing equipment and process solutions for semiconductor production, with operations in the United States, Europe, and Asia.

Almere, The Netherlands
ASM International N.V. will announce its Q4 2022 financial results on February 28, 2023, at 6:00 p.m. CET. Following this, a quarterly earnings conference call will take place on March 1, 2023, at 3:00 p.m. CET. Participants are encouraged to pre-register for the call, with details available via a provided link. The call will be complemented by a simultaneous audio webcast, enabling interested individuals to access the event remotely. ASM International designs and manufactures equipment for semiconductor devices, trading on the Euronext Amsterdam Stock Exchange under the symbol ASM.

ASM International announced a significant investment of approximately US$100 million to expand its manufacturing and innovation center in Dongtan, South Korea, by 2025. This initiative follows a Memorandum of Understanding with South Korea's Ministry of Trade, Industry, and Energy. The expansion aims to enhance R&D infrastructure and manufacturing capacity, supporting advances in semiconductor technology. CEO Benjamin Loh emphasized the ongoing demand growth in semiconductors despite current industry slowdowns. Furthermore, the investment is expected to create new job opportunities and foster local partnerships, reinforcing Korea's semiconductor supply chain.

Almere, The Netherlands
January 27, 2023

ASM International N.V. has been honored with a 2022 “Excellent Performance Award” from TSMC, recognizing its outstanding support in production and timely delivery of high-quality products. The award highlights ASM's strategic partnership with TSMC and emphasizes continuous advancements in technology, particularly in ALD and Epitaxy products. CEO Benjamin Loh expressed gratitude for the recognition, stressing the importance of their collaboration in supporting TSMC's production ramp and technology initiatives.

ASM International N.V. reported strong financial results for Q4 2022, with revenue reaching approximately €720 million, exceeding previous guidance of €630-660 million. This growth was driven by improved supply chain conditions and a higher conversion of backlog. The company secured orders worth about €820 million, primarily from the power/analog/wafer segment, particularly in the silicon carbide epitaxy (LPE) business. The operating margin is expected to be around 26%, excluding amortization costs. ASM will disclose detailed Q4 and full-year 2022 results on February 28, 2023.

ASM International N.V. attended TSMC's first tool-in ceremony at its new Phoenix fab on December 6, 2022. This event was notable as Arizona's government supports the semiconductor industry with a historic $100 million investment, following the $52 billion CHIPS and Science Act. ASM, a leader in atomic layer deposition technology, highlighted its collaboration with TSMC, which plans $40 billion investment in Arizona. Both President Biden and Arizona Governor-elect attended the event, emphasizing the importance of strengthening the semiconductor supply chain in the U.S.

ASM International N.V. announces a visit by Arizona's Governor-elect Katie Hobbs to its Phoenix facility. This site is crucial for ASM’s R&D in atomic layer deposition and epitaxy technologies. With over 750 employees, the Phoenix facility is ASM's largest tech development hub globally. Governor Hobbs emphasized Arizona's role as a semiconductor leader, highlighting ASM's contributions to the industry. CEO Benjamin Loh noted the team's commitment to innovation. ASM has over 4,000 employees worldwide, reinforcing its global semiconductor market presence.

ASM International N.V. announces an update regarding US export restrictions impacting sales to China, projecting a 15-25% decline in this segment, accounting for 16% of total revenue. Q4 2022 sales guidance is raised to €630-660 million from €600-630 million due to higher sales and better backlog conversions. The book-to-bill ratio is expected to exceed 1 in Q4 2022. The company continues to navigate challenges while experiencing robust demand in specific segments.

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.