ASMPT opens new facility and innovation centre in Yishun

Singapore

TUESDAY was a red-letter day for ASM Pacific Technology (ASMPT). The Hong Kong-listed semiconductor-assembly and packaging-equipment maker opened a facility to house its biggest business segments, as well as an innovation centre.

The two facilities in Yishun, a five-minute walk apart, represent an investment of more than S$50 million by the company, which now calls Singapore its headquarters.

The company's two biggest business segments - those engaged in surface-mount technology (SMT) solutions and in back-end equipment - are now housed in the new…