The Zhitong Finance App learned that ASMPT (00522) fell more than 10% in early trading. As of press release, it decreased by 10.66% to HK$100.6, with a turnover of HK$279 million.

In the news, ASMPT issued an announcement and its board of directors has concluded that retaining the SMT Solutions division as part of the ASMPT Group is in the best interest of the company and its shareholders. As a result, the SMT Solutions Division Strategic Plan Evaluation, which began in January 2026, has been completed.

Notably, benefiting from increased demand for AI servers, networks, optics and power equipment, the Group estimates that the SMT target market will grow at a compound annual rate of more than 20% between 2024 and 2027. The company expects that the sales revenue of the SMT Solutions segment will double from 2025 to about US$1.6 billion in 2027, the gross margin will increase from the initial 30% segment to about 40%, and the segment profit margin is expected to rise to 20%.

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