Strategic Joint Venture AAMI officially launched
ASM Pacific Technology (ASMPT) 's Materials Business Segment has been in the lead frame field for years and become the world's leading lead frame supplier in recent years. In view of the competitive environment and the opportunities from rapid development of China market, ASMPT has entered into a partnership agreement on Materials Business Segment with Wise Road Capital and Asia IO Capital Management on 28 July 2020. On December 28, 2020, strategic joint venture AAMI officially launched and operated independently.
We fully believe that by the synergy of strong technology and manufacturing capability of existing materials business segment and the industrial and financial resources of strategic partners, the company will be injected with new vitality and competitive advantage. It will build up a more solid foundation to realize the goal of being the #1 Global Materials Supplier and make the operation more powerful and strong.
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