-
ASM Pacific (00522) opens R&D Center in Taiwan
ASM Pacific Technology Ltd. (ASMPT)(00522)
announced today the opening of its Research & Development Center in Taiwan. The R&D Center
which houses mainly the software engineers will focus on research and development of 
technologically leading products and solutions that are customizable accordingly to the
customers' needs for Industry 4.0 projects and smart factories.
  The center will also represent potential opportunities to bridge closer collaborations 
between ASMPT and its industry partners in the exchange of ideas and knowledge.
  Besides able to provide immediate hands-on support to the Taiwan customers, the
availability of large pool of highly qualified engineering talent, reputable universities
and research institutes, as well as strong government support are some of the key reasons
that attracted ASMPT to Taiwan.
  With this new setup, ASMPT now has seven R&D Centers which include China (Chengdu), Hong
Kong, Singapore, Germany (Munich), United Kingdom (Weymouth) and The Netherlands 
(Beuningen) around the world. ASMPT also operates in more than 30 countries including ten
manufacturing facilities in China (ie Shenzhen, Huizhou and Hong Kong), Germany, Malaysia,
Singapore, the Netherlands and United Kingdom.
  Currently ASMPT employs a total of 1,800 professional engineers worldwide and is 
expected to hire up to 100 R&D professionals for the Taiwan R&D Center in the next three 
years.

Comments

Post a Comment

Popular posts from this blog

-
CLSA lowers Beijing Ent Water (00371) to HK$6   CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating.   The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not  necessarily bad.   CLSA cut its 2018-19 earnings forecasts by...
Read more
-
Image
Business receipts in value terms of most of the major service industries showed increases of different magnitudes in the second quarter of 2014 when compared with the second quarter of 2013, according to the provisional figures of business receipts indices released today (September 11) by the Census and Statistics Department (C&SD). Comparing the second quarter of 2014 with the second quarter of 2013, double-digit increases were recorded in business receipts of the real estate (+20.7%); insurance (+18.9%); courier (+11.8%); administrative and support services (+10.2%); and warehousing and storage (+10.0%) industries. On the other hand, the retail industry recorded a more noticeable decrease (-7.0%) in business receipts during the same period. Analysed by service domain, business receipts of the tourism, convention and exhibition services domain decreased by 7.5%, whereas those of the computer and information technology services domain increased by 1.1% during the...
Read more
-
Image
HSBC HOLDINGS Further Expands Mainland Biz; Sets up 24 China Desks Stuart Gulliver, chief executive officer of HSBC HOLDINGS (00005.HK)    -1.550 (-1.855%)       Short selling $345.90M; Ratio 13.050%      , said in 2017 results announcement that the Group’s business mix is more oriented towards Asia, improving its ability to channel the economic and social changes taking place within the world’s fastest growing region. The bank continued to expand its presence in mainland China with the launch of new retail banking products and increased lending in the Pearl River Delta. HSBC now have a total of 24 China desks aimed at supporting Chinese businesses with global outbound ambitions, 20 of which are along the ‘Belt and Road’ routes. 
Read more