Besi

Besi develops advanced assembly processes and equipment for semiconductor packaging applications, serving a diverse range of markets including electronics, automotive, and solar energy. Headquartered in Duiven, the Netherlands, Besi operates globally with facilities in Asia and Europe, and is listed on Euronext Amsterdam and the OTC markets.

Company Overview

Besi is a leading company in the development of advanced assembly processes and equipment for leadframe, substrate, and wafer level packaging applications. Its headquarters are located in Duiven, the Netherlands. The company's primary customers are leading semiconductor manufacturers, assembly subcontractors, and electronics and industrial companies. Besi’s ordinary shares are listed on Euronext Amsterdam under the symbol BESI, and its Level 1 ADRs are traded on the OTC markets under the symbol BESIY.

Products and Services

Besi offers a wide range of products, including die attach systems based on leading-edge technology, molding, trim & form, and singulation systems under the Fico brand name, and continuous plating and leadframe cleaning systems manufactured by Meco. The company is strong on smart manufacturing, enabling rapid adaptation to Industry 4.0 requirements in semiconductor backend fabs. Besi also offers extensive after-sales support, including a customer service organization and a spare parts and tooling organization strategically located in Asia, Europe, and the US. Besi’s webshop allows customers to search for parts, get quotes, shop online, make inquiries, check historical data, and track shipment details.

Global Presence

Besi operates a total of eight facilities in Asia and Europe for development and production activities, along with 13 sales and service offices spread across Europe, Asia, and North America. It employs a total of 1,870 employees, with approximately 66% based in Asia and 34% in Europe and North America. The company maintains a comprehensive global spare parts inventory and offers rapid delivery worldwide from its service center located in Singapore.

Industry Involvement

Besi serves various end-user markets, including electronics, mobile internet, cloud server, computing, automotive, industrial, LED, and solar energy. The company actively participates in various EU projects aimed at developing advanced technologies for different applications and has been involved in numerous scientific publications to advance technology in the semiconductor industry. Besi maintains a strong focus on smart manufacturing, which is pivotal for meeting the latest Industry 4.0 requirements.

Financial Information

Besi has issued three Senior Unsecured Convertible Notes listed on Deutsche Börse's Freiverkehr market. This financial strategy facilitates its expansion and development activities. The company's ordinary shares are publicly traded on Euronext Amsterdam with the symbol BESI, while its Level 1 ADRs are listed on OTC markets under the symbol BESIY. This financial structuring supports Besi’s growth and enables it to maintain a strong market presence.

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