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Haddad takes Group CEO role in ASMPT

Bassel Haddad has officially taken over as Group Chief Executive Officer and Executive Director of ASMPT, the global leader in semiconductor and electronics manufacturing solutions. This leadership transition, initially announced in July, became effective today. Haddad succeeds Robin Ng, who retires after over two decades with the company, including six years as Group CEO.

John Lok, Chairman of the Board of ASMPT, expressed confidence in Haddad’s appointment, stating, “Bassel’s deep industry expertise, business leadership and track record of driving innovation and customer success make him the right leader to guide ASMPT through its next phase of growth.”

Haddad, who previously held senior roles at SkyWater Technology and Intel Corporation, brings extensive experience in technology development and business management. He aims to steer ASMPT through the industry’s shift from traditional Moore’s Law scaling to the “more than Moore” era. “We have an exceptional opportunity to accelerate and shape the industry’s evolution,” Haddad remarked.

The leadership change follows ASMPT’s strong financial performance in the first half of 2026, with a 42.5% increase in group revenue from continuing operations, reaching $1.14b. This growth was driven by demand for advanced packaging solutions and mainstream applications.

ASMPT, headquartered in Singapore, continues to invest in research and development to maintain its position as a leader in semiconductor assembly and packaging. Haddad’s leadership is expected to further enhance the company’s technological capabilities and customer focus.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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