ASMPT Ltd to close semiconductor facility in China's Shenzhen
Reuters
Aug 11
ASMPT Ltd to close semiconductor facility in China's Shenzhen
BEIJING, Aug 11 (Reuters) - ASMPT Limited 0522.HK said on Monday it will close a semiconductor manufacturing facility in the southern Chinese city of Shenzhen to optimize the firm's global supply chain.
The closure will affect about 950 staff, the statement said.
(Reporting by Joe Cash; Editing by Kim Coghill)
((Joe.Cash@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.