Free Submission Public Relations &
Deutsch English


ASM International N.V. announces progress on its cost reduction program

Print article Print article
© Marketwire 2012
2012-12-21 00:13:01 -

ALMERE, NETHERLANDS -- (Marketwire) -- 12/20/12 --

ALMERE, The Netherlands - December 20, 2012 - ASM International N.V.
(NASDAQ: ASMI and Euronext Exchange in Amsterdam: ASM) today announces
that, as part of its cost reduction program in its Front-end operations, as
announced during the release of its 3(rd) quarter results, it will reduce
its headcount in its manufacturing operation in Singapore with
approximately 110 people. It is expected that the effect of this action
will become visible in the results of the first quarter in 2013.

About ASM International

ASM International N.V., headquartered in Almere, the Netherlands, and its
subsidiaries design and manufacture equipment and materials used to produce
semiconductor devices. ASM International and its subsidiaries provide
production solutions for wafer processing (Front-end segment) as well as
assembly and packaging (Back-end segment) through facilities in the United
States, Europe, Japan and Asia. ASM International's common stock trades on
NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock Exchange (symbol
ASM). For more information, visit ASMI's website at : .

Safe Harbor Statement under the U.S. Private Securities Litigation Reform
Act of 1995: All matters discussed in this statement, except for any
historical data, are forward-looking statements. Forward-looking statements
involve risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. These include, but
are not limited to, economic conditions and trends in the semiconductor
industry generally and the timing of the industry cycles specifically,
currency fluctuations, corporate transactions, financing and liquidity
matters, the success of restructurings, the timing of significant orders,
market acceptance of new products, competitive factors, litigation
involving intellectual property, shareholder and other issues, commercial
and economic disruption due to natural disasters, terrorist activity, armed
conflict or political instability, epidemics and other risks indicated in
the Company's filings from time to time with the U.S. Securities and
Exchange Commission, including, but not limited to, the Company's reports
on Form 20-F and Form 6-K. The Company assumes no obligation to update or
revise any forward- looking statements to reflect future developments or

ASMI announces progress on its cost reduction program: :

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other
applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality
of the information contained therein.

Source: ASM International NV via Thomson Reuters ONE


Investor Relations:
Erik Kamerbeek
+31 881008500
Email Contact :

Mary Jo Dieckhaus
+1 212-986-2900
Email Contact :

Media Contacts:
Ian Bickerton
+31 (0)20 68 55 955
+31 (0)625 018512
Email Contact :

Press Information:

Contact Person:

Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact