Hong Kong Stocks Movement | ASMPT (00522) Opens Nearly 5% Higher, Reportedly Samsung Plans to Diversify HBM Equipment Supply Chain, Currently Discussing Supply Matters with the Company

Stock News09:36

ASMPT (00522) opened nearly 5% higher. As of the time of writing, the stock was up 4.91%, trading at HK$106.8, with a turnover of HK$80.0284 million. According to reports, Samsung Electronics, in a move to diversify the supply chain for Thermal Compression Bonders, a key piece of equipment for High Bandwidth Memory (HBM), has reportedly initiated supply discussions with equipment manufacturer ASMPT. Analysis suggests this action is intended to reduce reliance on a single supplier and strengthen the HBM production capacity layout. Currently, the two parties are still in the negotiation stage and have not yet reached a final agreement. Notably, ASMPT recently announced it is commencing a strategic options assessment for its Surface Mount Technology (SMT) Solutions division and will consider a range of options, including a sale, joint venture, spin-off and listing, or retaining and supporting the strategic development of the SMT Solutions division to ensure its long-term success and value creation. During the assessment period, the SMT Solutions division will continue to operate as usual.

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