Zhi Tong Cai Jing·2026-02-03 03:41Core Viewpoint - ASMPT is evaluating options for its Surface Mount Technology (SMT) business, which may include sale, joint venture, spin-off, or public listing, aiming to focus on its core semiconductor packaging business [1] Group 1: Company Actions - ASMPT's potential divestiture of the SMT business is expected to free up cash flow and management resources, which will be redirected towards research and development in semiconductor packaging [1] - The company’s stock rose over 5% in early trading, reflecting positive market sentiment regarding the potential SMT business divestiture [1] Group 2: Market Analysis - Citigroup indicated that the potential divestiture of the SMT business could allow ASMPT to concentrate on semiconductor equipment and advanced packaging, potentially unlocking shareholder value [1]