Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Penang is currently experiencing a boom in the semiconductor industry, with a large influx of investments from original equipment manufacturers (OEMs). Many projects are relocating from the United States and Europe to the local market, making this an ideal time for ASM to capitalize on industry growth.
Penang boom confirm gives ASM steady flow of projects since all these big players shifting their base here for cost efficiency. This wave of relocation is definitely the golden ticket for them to ride the uptrend and boost their order book like crazy.
Penang tech ecosystem really solid for their business because the constant inflow of MNCs keeps their factory automation orders super busy. ASM looks like a strong play to ride the manufacturing cycle if they can maintain that margin while the order book keeps growing
