Innovation III - Innovation strategy, governmental support, and defiant realities, 1979-1993

doi:10.1117/3.2572061.int7

Book: Fortunes of High-Tech: a History of Innovation at ASM International

Author(s): Jorijn van Duijn

Published: 2019

https://doi.org/10.1117/3.2572061.int7

Abstract

In the summer of 1992, ASM International averted an inglorious end by changing its business strategy. The ensuing reorganization would define ASM for years to come. The company’s various operations – ASM Japan, ASM America, and ASM Europe – were turned into product groups, each taking care of innovation, sales, and production of their respective designated product (see Business IV). The company basically began to concentrate on four products, while production of all the other ones was discontinued.