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ASMPT Retains SMT Solutions Business, Citing AI Growth Potential

ASMPT has decided to retain its surface mount technology solutions business after reviewing strategic options, citing strong growth potential from the artificial intelligence boom.

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By Sherry QinASMPT has decided to retain its surface mount technology solutions business, citing strong growth potential from the artificial intelligence boom.The Hong Kong-listed chip-equipment maker initiated a review of strategic options for the business, SMT Solutions, in January--including a s…

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