Patrick Lam (2006) was the first to build an equipment company in Asia, outside of Japan
- He showed how this region could lead, with ASM Pacific taking the top spot in the assembly equipment market
- His strategy was unique to chip making equipment:
- Be as vertically integrated as possible
- Rely on local low-cost Asian manufacturing to gain a cost advantage
- Avoid the leading edge and sell good-enough at very good prices
- ASM Pacific went on to develop an impressive array of technical capability