IDG Capital Leads Race to Buy ASMPT Electronics Assembly Unit in Deal Valued Above $1 Billion
IDG Capital has emerged as the leading bidder for the electronics assembly equipment business of Hong Kong-listed ASMPT, in a potential transaction that could value the unit at more than $1 billion as demand for artificial intelligence infrastructure boosts the semiconductor manufacturing supply chain. Three people familiar with the matter told Reuters that IDG Capital […] The post IDG Capital Leads Race to Buy ASMPT Electronics Assembly Unit in Deal Valued Above $1 Billion appeared first on Tek
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IDG Capital has emerged as the leading bidder for the electronics assembly equipment business of Hong Kong-listed ASMPT, in a potential transaction that could value the unit at more than $1 billion as demand for artificial intelligence infrastructure boosts the semiconductor manufacturing supply chain. Three people familiar with the matter told Reuters that IDG Capital […]
The post IDG Capital Leads Race to Buy ASMPT Electronics Assembly Unit in Deal Valued Above $1 Billion appeared first on Tekedia.
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About this article
- Length
- 79 words · 1 min read
- Published
- October 27, 2026
- Byline
- Samuel Nwite
- Source
- Tekedia