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ASMPT (00522) completes strategic program evaluation and retains SMT Solutions Division
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Zhitong Finance App News, ASMPT (00522) issued an announcement. Its board of directors has concluded that retaining the SMT Solutions division as part of the ASMPT Group is in the best interests of the company and its shareholders. As a result, the SMT Solutions Division Strategic Plan Evaluation, which began in January 2026, has been completed.

After comprehensively reviewing a range of strategic plans, including sales, joint ventures, spin-offs, listings, and retaining the business under the Group, the Board of Directors believes that the growth and profit prospects of the SMT Solutions division will continue to be part of ASMPT and will be an opportunity to create sustainable long-term shareholder value.

Bassel Haddad, CEO of ASMPT Group, said, “Since I joined ASMPT in August, I have continued to witness how artificial intelligence (AI) brings new opportunities to ASMPT's business portfolio. For our SMT Solutions division, AI-driven demand is driving the financial performance of the business to a new level. As SMT's future direction within ASMPT becomes more clear, we will focus on rigorous execution, fully realizing its potential, and creating sustainable long-term value for shareholders.”

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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