Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

July 25, 2025

Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks

July 25, 2025

Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks

July 25, 2025
Facebook X (Twitter) Instagram
Friday, July 25
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Singaporean chip equipment maker ASMPT sees steady growth behind AI infrastructure boom
Business

Singaporean chip equipment maker ASMPT sees steady growth behind AI infrastructure boom

adminBy adminJuly 23, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 10


“AI tailwinds are driving strong demand across both advanced packaging [AP] and mainstream businesses, and we achieved better-than-expected bookings for the first half of 2025,” CEO Robin Ng said on Wednesday, as the company reported its interim financial results.

ASMPT, a global supplier of equipment and software used in the semiconductor and electronics manufacturing sectors, reported a flattish revenue of HK$6.53 billion (US$837.6 million) in the first six months of the year, even as bookings grew 12.4 per cent to HK$7.11 billion.

Net profit was down 30.9 per cent to HK$216.9 million. Still, the company’s shares rose 3.27 per cent to close at HK$63.20 on Wednesday.

ASMPT said it expected third-quarter revenue to be between US$445 million and US$505 million, a 10.8 per cent year-on-year growth that was “above market consensus”, on the back of sustained AP revenue and improved sales at its surface mount technology business.

“We have been maintaining our TCB [thermo-compression bonding] market leadership among AI [chip] players and driving revenue growth,” Ng said. “Our mainstream business is beginning to benefit from AI data centre demand, and it also achieved bookings growth in China from EVs [electric vehicles] and the consumer market.”

ASMPT CEO Robin Ng, left, and chief financial officer Katie Xu at an event on Wednesday. Photo: Hannah Wang
ASMPT CEO Robin Ng, left, and chief financial officer Katie Xu at an event on Wednesday. Photo: Hannah Wang



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

July 25, 2025
Business

Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks

July 25, 2025
Business

Leapmotor rolls out smart EV at half the price of Tesla’s Model 3 in push for global sales

July 24, 2025
Business

TikTok owner ByteDance debuts robotic system in latest AI development

July 24, 2025
Business

Ex-Hong Kong stock exchange CEO buys luxury Kai Tak flat for US$5.92 million

July 24, 2025
Business

Hong Kong firms eye proprietary Chinese medicine opportunities on the mainland: HKTDC

July 24, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Minister for deepening economic engagement in ASEAN region – Business & Finance

July 25, 2025

Pakistan signs MoU with Chinese shipping giant – Business & Finance

July 25, 2025

JLL exits advisory role in Roosevelt Hotel sell-off – Business & Finance

July 25, 2025

Canada pension fund to pocket $631 million from India mall JV exit – Business & Finance

July 24, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources
  • Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks
  • Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks
  • As North Korea silences old airwave enmities, could dialogue follow?
  • In a first, Chinese team captures rare quantum friction effect in folded graphene

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

July 25, 2025

Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks

July 25, 2025

Hong Kong stocks snap 5-day gain as investors await latest China-US trade talks

July 25, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.