Suwanee (USA), November 10, 2020 – ASM surveyed roughly 450 companies from mid-September through early October on the effects of the Covid-19 pandemic for businesses and the ways in which electronics manufacturers all over the world are planning to respond to the crisis over the short to medium term. The results of the ASMPT Industry Survey 2020 with all essential findings and many charts are available for downloading.

Although other industries have been hit much harder by the pandemic, electronics factories around the world are facing great challenges. Accordingly, 55 percent of the companies surveyed registered a negative impact on their production, and 42 percent reported concrete declines in productivity.

One lesson from the pandemic: Become more resilient

Asked about their intermediate-term plans, companies stated that they are beginning to make their manufacturing operations more resilient. To be more crisis-proof in the future, 75 percent of the respondents are banking on more automation. Two of three companies plan to advance the digital transformation of their production and business processes. They also want to invest more heavily into the use of remote services. Another interesting finding: one-third of the surveyed electronics manufacturers plan to assess the Covid-19 preventative measures of their suppliers and technology partners.

Suppliers are expected to have online and remote skills

As far as communication and services are concerned, electronics manufacturers expect more than just videoconferencing capabilities from their suppliers and partners. The majority of respondents sees a need for online training and powerful remote services in order to receive more efficient support and be better prepared for future crises.

The survey results in detail

The results of the study have been compiled in our “Industry Survey Report – Learning from Covid-19”. Interested parties can download this report at no charge via the following link: https://www.asm-smt.com/en/be-resilient/

The SMT Solutions segment of ASM Pacific Technology

The mission of the SMT Solutions segment within the AMS Pacific Technology Group (ASMPT) is to implement and support the smart SMT factory at electronics manufacturers worldwide.

ASM solutions such as SIPLACE placement systems and DEK printing systems support the networking, automation and optimization of central workflows with hardware, software and services that enable electronics manufacturers to transition to the smart SMT factory in stages and enjoy dramatic improvements in productivity, flexibility and quality.

Since maintaining close relationships with customers and partners is a central component of ASM’s strategy, the company has established the SMT Smart Network as a global forum for the active exchange of information between and with smart champions. In addition to being a founding member of the ADAMOS joint venture for the development of an IIoT platform for manufacturing companies, ASM is establishing together with other SMT manufacturers the open HERMES standard as a successor to the SMEMA standard for M2M communication in SMT lines.

For more information about ASM, visit www.asm-smt.com.

ASM Pacific Technology Limited

Headquartered in Singapore, ASMPT (HKEX stock code: 0522) is a global technology and market leader in leading-edge solutions and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial, and LED. The company’s continuous investments in research and development help to provide its customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.

For more information about ASMPT www.asmpacific.com.