Applied Materials to raise BESI stake to about 20%
Applied Materials will raise its stake in BESI to about 20%, deepening ties in advanced semiconductor packaging and hybrid bonding technology.
(Updated: 27 Oct 2026 05:35AM)
Oct 26: Applied Materials said on Monday it plans to raise its stake in Dutch company BE Semiconductor Industries (BESI) to about 20 per cent from 9 per cent, deepening a partnership focused on advanced chip-packaging technologies used in AI applications.
Here are more details:
- Applied Materials, BESI's largest shareholder since buying a 9 per cent stake in April 2025, said it entered into an accelerated share purchase agreement for the semiconductor equipment maker's additional shares, subject to US antitrust review
- The expanded partnership will focus on new chip-connection and packaging technologies aimed at supporting next-generation AI semiconductors
- Applied Materials said it does not plan to raise its stake beyond about 20 per cent or seek board representation at BESI
- The companies have collaborated since 2020 on hybrid bonding technology, a key advanced packaging technique used in high-performance chips
Source: Reuters
Source: CNA https://www.channelnewsasia.com/business/applied-materials-raise-besi-stake-about-20-6494426
