[ET Net News Agency, 22 April 2021] UBS raised its target price for ASM Pacific
(00522) to HK$155 from HK$142 and maintained its "buy" rating.
The research house said it continues to see the increasing importance of advanced
packaging for the overall semis industry as technology migration becomes more challenging.
This would be an important driver for ASM Pacific over the next few years, and it expects
the company's capability to improve via M&As and industry partnerships. (RC)