ASM Pacific Technology

Chief executive Lee Wai-kwong says new orders in the first quarter rose 22.6 per cent from the previous quarter. Photo: SCMP

Strong first-quarter demand signals a recovery for ASM Pacific

ASM Pacific Technology, the world's largest assembly and packaging equipment supplier for the semiconductor and light-emitting diode (LED) industries, expects a steady market recovery this year after it posted strong order bookings in the first quarter.