Siemens sells assembly systems business to ASM Pacific Technology - Electronics supplier intends to develop Munich into European research center over long term

Siemens will sell its assembly systems business (Siemens Electronics Assembly Systems / SEAS) to ASM Pacific Technology (ASMPT), headquartered in Hong Kong. ASMPT is a subsidiary of ASM, headquartered in the Netherlands, one of the world’s leading suppliers for the semiconductor and LED...

Siemens AG
Jul 28, 2010
Siemens will sell its assembly systems business (Siemens Electronics Assembly Systems / SEAS) to ASM Pacific Technology (ASMPT), headquartered in Hong Kong. ASMPT is a subsidiary of ASM, headquartered in the Netherlands, one of the world’s leading suppliers for the semiconductor and LED industry. With SEAS, ASMPT will expand its product portfolio and gain a strong foothold in Europe. The sale is subject to approval by the antitrust authorities and the shareholders of the buyer.

SOURCE

Latest in Home
Person riding white and black electric scooter on road with yellow lane marking
Harley's LiveWire to Debut New Electric Bikes
October 20, 2026
Woman racing video game with flaming controller and Manufacturing Now logo
Hyundai Recalls Vehicles Because the Seats Might Catch Fire
October 20, 2026
Industrial warehouse interior with tall storage racks, branded signage including Goulds Pumps and Rexnord logos, pallets, and orange safety markers on concrete floor.
ITT Goulds Pumps Adds U.S. Manufacturing, Distribution in Tennessee
October 20, 2026
Worker in blue surveying large industrial metal pipes arranged on sandy ground from above
Apple Commits $100M to U.S.-Made Titanium for iPhone Production
October 20, 2026
More
Person riding white and black electric scooter on road with yellow lane marking
Automotive
Harley's LiveWire to Debut New Electric Bikes
The electric bike maker could use a win.
October 20, 2026
Woman racing video game with flaming controller and Manufacturing Now logo
Automotive
Hyundai Recalls Vehicles Because the Seats Might Catch Fire
There's no remedy yet.
October 20, 2026
Industrial warehouse interior with tall storage racks, branded signage including Goulds Pumps and Rexnord logos, pallets, and orange safety markers on concrete floor.
Operations
ITT Goulds Pumps Adds U.S. Manufacturing, Distribution in Tennessee
The 178-year-old company makes engineered pumps for critical applications.
October 20, 2026
Worker in blue surveying large industrial metal pipes arranged on sandy ground from above
Operations
Apple Commits $100M to U.S.-Made Titanium for iPhone Production
It's working with a Pennsylvania-based producer for materials and components.
October 20, 2026
Two professionals toasting with glasses of whiskey against a red background during a formal event
Software
Nvidia CEO Urges German Manufacturers to Adopt AI, Saying Digital Tech Won't Replace Heavy Industry
Manufacturers must adopt AI to "re-engineer" a struggling business model.
October 20, 2026
Hands holding white salt or sugar crystals against concrete background
Operations
Machine Designer to Create More Than 125 New Jobs in U.S. Expansion Effort
Conair is bringing new life to a shuttered factory that sat vacant for ten years.
October 20, 2026
White industrial CNC machining center with dark blue interior cavity and control panel
Operations
Mass-Production Internal Gear Grinding Machine Compatible with Large Internal Gears Up to 350 mm Outer Diameter
The machine meets growing demand for high precision in large ring gears used in industrial robots and automobiles.
October 19, 2026
Row of electric vehicles charging at outdoor station with multiple chargers
Automotive
Americans Want Electric Cars – They Just Can't Find Them
Americans want EVs, but federal policy and production cuts are making them impossible to find.
October 19, 2026
Two orange and silver robotic arms working together in a modern manufacturing facility with white structural elements and industrial equipment.
Operations
Siemens Cuts Engineering Effort by 85%, Time-to-Market by 40% at AI Pilot Plant
The living lab could be a blueprint for scaling these capabilities across industries.
October 19, 2026
Modern FANUC Training Academy building with glass and tan facade, featuring yellow accent entrance and landscaping
Automation
Fanuc Opens Largest Automation Training Center in the U.S.
The $18 million facility covers 132,000 square feet.
October 19, 2026
Technician operating control room with extensive monitoring equipment and instrument panels
Operations
U.S. Revives Shuttered Nuclear Plants to Meet Growing Electricity Demand
And to power data centers.
October 19, 2026
Professional headshot of a man in dark suit and gray tie at formal event with blurred background
Operations
Musk Pledges to Give a Share of His SpaceX Company to 'Every Kid in America'
Anthropic recently committed 5% of its shares to a new "public benefit" fund.
October 19, 2026
Scott podcast episode 290 featuring vintage car manufacturing, sponsored by Siemens
Automotive
Scout Sued by Old Couple; Rivian's Ghostbusters Collab; Blue Origin's Massive Texas Project | Today in Manufacturing Ep. 290
Also on the podcast, cyberattacks spoil food at supermarkets, invisible tattoos can be "turned on" and a startup addresses an old health problem.
October 19, 2026
Modern white multi-story commercial building with glass windows and flags on rooftop, surrounded by landscaping and parked vehicles
Operations
Dutch Manufacturer Investing $77M to Expand Georgia Semiconductor Equipment Plant
The company expects the project to create about 120 jobs.
October 15, 2026
Business professionals gathered in South Carolina Lounge for corporate presentation at podium with display screen
Automotive
Seven Automotive Suppliers to Spend $82M in South Carolina
The suppliers will make components for Scout Motors vehicles.
October 16, 2026