ASMPT to Close Facility in Shenzhen

MT Newswires Live

08/11

ASMPT (HKG:0522) is shuttering down a facility in Bao'an, Shenzhen, under its ASMPT Equipment (Shenzhen) unit, according to a Hong Kong bourse filing Monday.

The closure will impact 950 employees and is being undertaken to improve the cost competitiveness of the company's global manufacturing operations, ASMPT said.

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