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

Gepost in Semi-conductor industrie

Published: 23:59 CET 20-12-2012 /Thomson Reuters /Source: ASM International NV /XAMS: ASM /ISIN: NL0000334118

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 3rd 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.