ASM International N.V. has completed the purchase of a strategic plot of land in Scottsdale, Arizona.

ASM International N.V. has completed the purchase of a strategic plot of land in Scottsdale, Arizona. This move is a significant step towards consolidating ASM's multiple sites in Arizona, positioning the company for streamlined operations and future expansion in R&D and support activities.

The decision aligns perfectly with ASM's Growth through Innovation strategy, reflecting the company's commitment to adapting and evolving in the dynamic semiconductor landscape. While specific financial details remain undisclosed, this investment contributes to ASM's targeted €150-200 million total group capex for 2023, as communicated earlier this year.

ASM International N.V., headquartered in Almere, the Netherlands, is a key player in semiconductor equipment and process solutions. With facilities spanning across the United States, Europe, and Asia, ASM International is driving innovation and growth in the industry.

For more insights, visit ASM's official website: www.asm.com.