ASM Pacific Technology Concludes Acquisition Of The Siemens Electronics Assembly System (SEAS) Business

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(Hong Kong, January 10, 2011) — The world’s No.1 semiconductor assembly and packaging equipment supplier ASM Pacific Technology Limited (“ASMPT” / the “Group”) (Stock code:

522) has officially concluded its acquisition of the Siemens Electronics Assembly System (SEAS) Business from Siemens AG on January 7, 2011 following approval received from its shareholders.

The SEAS team, with its approximately 1,200 members worldwide, will be integrated into the ASMPT group as a business unit under the name “ASM Assembly Systems” (“AAS”). The AAS headquarters as well as its main development site will remain in Munich, while the production sites will continue to be located in both Munich and Singapore. The AAS organization, which has sales and service locations all over the world, will remain largely unchanged. AAS will continue to market its SMT equipment under the SIPLACE brand name.

Being a leading supplier of assembly and packaging equipment and systems in the semiconductor and LEDs fields, ASMPT is taking this step to expand its solution portfolio for electronics manufacturers and significantly improve its market position in Europe. The AAS team will be able to benefit from the ASMPT Group’s strong market position in Asia as well as from synergies in the areas of sourcing and parts and subassembly manufacturing.

Pending official approval of the transfer of ownership by the Chinese authorities, the transfer of legal ownership of the SEAS entity in China will have to be deferred until the middle of 2011. Meanwhile, economic interest in SEAS China has been transferred to ASMPT as of January 1, 2011.

Integration as a business unit

The SEAS team prepared for this sale in recent years by restructuring its operations – an effort that is now paying off as its worldwide production, development, sales and service locations within the SEAS organization are being integrated into the ASMPT Group. The global management team under CEO Guenter Lauber will remain in place, as will the heads of the regional clusters.

“With ASMPT, we have found an industrial investor that is intimately familiar with the cyclical nature of the electronics industry. The integration of the SEAS team as a business unit allows us to continue to focus all of our energy on current and future customer projects, on the development of innovative placement solutions and on expanding our position in the market, especially in Asia,” explains Guenter Lauber, CEO of AAS, “Our new colleagues at ASMPT share our view that high product and service quality is the key to having satisfied customers and being successful in the market.”

Focus on growth

“In recent years, our customers made ASMPT the leading supplier of equipment and systems in the semiconductor and LED fields. The acquisition which has just been completed provides us with an entry into the SMT placement segment. Working together with the AAS team will open up new growth markets as our respective processes and technologies continue to converge. I am pleased that the teams from ASMPT and AAS work so well together and have already begun to put the resulting synergies in the areas of development, production and procurement to good use for the benefit of our customers. Going forward, we anticipate that AAS will make a significant contribution to the profits of ASMPT in the foreseeable future and it will be an additional driver for the continuous growth of ASMPT”, says Mr. Lee Wai Kwong, Chief Executive Officer of ASMPT.