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  • October 7, 2026
  • Last Update July 17, 2026 9:28 pm
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ASMPT to wind down Shenzhen plant in China, cutting 950 jobs

ASMPT to wind down Shenzhen plant in China, cutting 950 jobs

Singapore-based semiconductor and electronics manufacturing equipment supplier ASMPT will shut down its wholly owned Shenzhen subsidiary, ASMPT Equipment (Shenzhen) Co. (AEC), as part of a strategic overhaul of its China manufacturing operations. The move, approved by AEC shareholders on August 8, 2025, triggers a voluntary liquidation process overseen by a dedicated committee.

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