Singaporean chip equipment maker ASMPT to close Shenzhen plant, axe 950 workers
- Posted on August 11, 2025
- By South China Morning Post
- 1 Views
Singaporean chip equipment maker ASMPT to close Shenzhen plant, axe 950 workers
ASMPT is expected to incur a one-time restructuring charge of US$50 million, covering severance, shutdown costs and inventory write-offs.
