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Kulicke and Soffa

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News Article | July 10, 2017
Site: www.businesswire.com

SINGAPORE--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”), announced today that it will be exhibiting at the SEMICON West trade show in San Francisco, California, from July 11 through July 13, 2017. Kulicke & Soffa will be introducing, a video illustration of its first lithography solution developed specifically for Advanced Packaging. Additionally, K&S will be featuring several of its leading packaging solutions at booth number 5862 of the SEMICON West trade show. “We are excited to share with customers our first step-and-repeat lithography solution serving the broad-ranging requirements of the Advanced Packaging market. The high-throughput, modular i-line steppers uniquely utilize a laser-light source, driving best-in-class cost-of-ownership,” said Gerrit van der Beek, Kulicke & Soffa’s Vice President of Lithography Business Lines. Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. (www.kns.com)


SINGAPORE--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced a conference call is scheduled to discuss the Company's third quarter 2017 financial results, and its business outlook on Wednesday, August 2, 2017 at 8:00am EDT. The Company will issue its third quarter 2017 results prior to the conference call. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live webcast will also be available at investor.kns.com. A replay will be available from approximately one hour after the completion of the call through August 9, 2017 by calling toll-free +1-877-660-6853 or internationally +1-201-612-7415 and using the replay ID number of 13666382. A webcast replay will also be available at investor.kns.com. Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing, and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices.


News Article | August 2, 2017
Site: www.businesswire.com

SINGAPORE--(BUSINESS WIRE)--Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”) today announced results for its third fiscal quarter ended July 1, 2017. The Company reported third quarter net revenue of $243.9 million and a diluted EPS of $0.43. The adjusted non-GAAP diluted EPS was $0.62 after exclusion of a unique charge and favorable tax credit as detailed below. Dr. Fusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, “We continue to benefit from the strong industry environment, improved market dynamics and new opportunities in our core business and expanding portfolio. In parallel, we remain focused on further enhancing exposure and alignment to several other meaningful near and long-term opportunities." During the June quarter the Company incurred a one-time, non-cash impairment charge of $35.2 million as well as a favorable foreign tax credit of $20.9 million. Excluding this unique charge and credit resulted in an adjusted non-GAAP net income of $45.1 million and diluted EPS of $0.62. The Company currently expects net revenue in the fourth fiscal quarter of 2017 ending September 30, 2017 to be approximately $200 million to $215 million, a 42% improvement over the same period in the prior year. Looking forward, Dr. Fusen Chen commented, "As we aggressively work toward optimizing our existing businesses, accomplishing our development goals and executing on existing and new growth initiatives, such as the recent Liteq acquisition, we anticipate fundamental enhancements to our value proposition." K&S anticipates revenue for its full fiscal year 2017 to fall between $793 million and $808 million, an approximately 28% improvement over the prior fiscal year. A conference call to discuss these results will be held today, August 2, 2017, beginning at 8:00 am (EDT). To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. The call will also be available by live webcast at investor.kns.com. A replay will be available from approximately one hour after the completion of the call through August 9, 2017 by calling toll-free +1-877-660-6853 or internationally +1-201-612-7415 and using the replay ID number of 13666382. A webcast replay will also be available at investor.kns.com. Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices (www.kns.com). Caution Concerning Results and Forward Looking Statements In addition to historical statements, this press release contains statements relating to future events and our future results. These statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, and include, but are not limited to, statements that relate to our future revenue, sustained, increasing, continuing or strengthening demand for our products, replacement demand, our research and development efforts, our ability to control costs, and our ability to identify and realize new growth opportunities within segments, such as automotive and industrial as well as surrounding technology adoption such as system in package and advanced packaging techniques. While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to: the risk that customer orders already received may be postponed or canceled, generally without charges; the risk that anticipated customer orders may not materialize; the risk that our suppliers may not be able to meet our demands on a timely basis; the volatility in the demand for semiconductors and our products and services; the risk that identified market opportunities may not grow or developed as we anticipated; volatile global economic conditions, which could result in, among other things, sharply lower demand for products containing semiconductors and for the Company’s products, and disruption of capital and credit markets; the risk of failure to successfully manage our operations; the possibility that we may need to impair the carrying value of goodwill and/or intangibles established in connection with one or more of our prior acquisitions; acts of terrorism and violence; risks, such as changes in trade regulations, currency fluctuations, political instability and war, which may be associated with a substantial non-U.S. customer and supplier base and substantial non-U.S. manufacturing operations; and the factors listed or discussed in Kulicke and Soffa Industries, Inc. 2016 Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. Kulicke and Soffa Industries, Inc. is under no obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.


News Article | December 13, 2016
Site: marketersmedia.com

LONDON, UK / ACCESSWIRE / December 13, 2016 / Active Wall St. announces its post-earnings coverage on Photronics, Inc. (NASDAQ: PLAB). The Company posted its fourth quarter and fiscal 2016 earnings results on December 06, 2016. The electronics imaging company's sales and net income numbers declined on a y-o-y basis, but were able to beat expectations. Register with us now for your free membership at: http://www.activewallst.com/register/. One of Photronics' competitors within the Semiconductor Equipment & Materials space, Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC), reported on November 15, 2016 its Q4 & Fiscal Year 2016 results. AWS will be initiating a research report on Kulicke and Soffa Industries in the coming days. Today, AWS is promoting its earnings coverage on PLAB; touching on KLIC. Get our free coverage by signing up to: For the fourth quarter ended on October 30, 2016, Photronics reported sales of $107.4 million, down 13% sequentially and 24% compared to the year ago same period. The company stated that weakness was observed across all of its markets, primarily at the high-end for both Integrated Circuits (IC) and flat panel display (FPD). The company's revenue numbers topped market expectations of $107 million. During Q4 FY16, sales of FPD photomasks declined 17% on a y-o-y basis to $25.1 million, while sales of IC photomasks were $82.3 million in the reported quarter, down 26% from the same period last year. The company stated that its largest customer had taken some production off-line and is transitioning from LCD to OLED. In the long-term, the company believed that the transition would be positive, but it will impact the company's nearer-term demand. On a geographical basis, Photronics' Q4 FY16 sales were 73% from Asia and 27% were from the US and Europe. For Q4 FY16, Photronics' gross margin totaled 19.1%, down 640 basis points sequentially as a result of the reduced revenue and increased equipment expense, principally depreciation. SG&A expenses for Q4 FY16 were down $970,000 sequentially, primarily related to reduced compensation expenses. The company reduced operating expense by 12% compared with Q4 FY15, limiting the decline in operating profit. Despite lower sales, the company achieved a 4.9% operating margin for the reported quarter. Net income attributed to Photronics' shareholders was $5.3 million, or $0.08 per diluted share, and includes a non-recurring tax benefit of $1.8 million ($0.03 per diluted share) primarily related to the recognition of certain tax benefits in Taiwan that were determined to be realizable in filings for future tax periods compared with net income attributed to Photronics' shareholders of $18.6 million, or $0.25 per diluted share, for Q4 FY15. The company's earnings results beat Wall Street's expectations of $0.02 per share. For FY16, Photronics' sales were $483.5 million, down 8% compared to FY15. Sales of IC photomasks were down 13%, while sales of FPD photomasks increased 15% on a y-o-y basis. Net income attributed to Photronics' shareholders for FY16 was $46.2 million, or $0.64 per diluted share, compared to $44.6 million, or $0.63 per diluted share, in FY15. Non-GAAP net income attributed to Photronics' shareholders was $32.6 million, or $0.47 per diluted share, compared to $45.5 million, or $0.64 per diluted share, in FY15. As of October 30th, 2016, Photronics had cash and cash equivalents worth $314.07 million with net cash totaling $247 million, an improvement of $173 million from last year. The company's cash CapEx for Q4 FY16 was $5 million, bringing the year-end total to $50 million. For FY17, the company is expecting to spend approximately $100 million in cash CapEx including the balance of its FPD investment and China IC investment. For Q1 FY17, Photronics is projecting revenues to be in the range of $104 million and $112 million. The company is anticipating seasonal trends in demand [shipments] and also noted that both Christmas and Chinese New Year fall will fall within its Q1 FY17. Based on this revenue expectation and its current operating model, Photronics is estimating net income attributed to Photronics' shareholders to be between $0.01 and $0.06 per diluted share for Q1 FY17. At the closing bell, on Monday, December 12, 2016, Photronics' stock closed the trading session at $11.60, slightly up 0.43% from its previous closing price of $11.55. A total volume of 460.22 thousand shares have exchanged hands, which was higher than the 3-month average volume of 439.16 thousand shares. The Company's stock price advanced 7.91% in the last month, 16.12% in the past three months, and 25.00% in the previous six months. Shares of the company have a PE ratio of 18.27. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / December 13, 2016 / Active Wall St. announces its post-earnings coverage on Photronics, Inc. (NASDAQ: PLAB). The Company posted its fourth quarter and fiscal 2016 earnings results on December 06, 2016. The electronics imaging company's sales and net income numbers declined on a y-o-y basis, but were able to beat expectations. Register with us now for your free membership at: http://www.activewallst.com/register/. One of Photronics' competitors within the Semiconductor Equipment & Materials space, Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC), reported on November 15, 2016 its Q4 & Fiscal Year 2016 results. AWS will be initiating a research report on Kulicke and Soffa Industries in the coming days. Today, AWS is promoting its earnings coverage on PLAB; touching on KLIC. Get our free coverage by signing up to: For the fourth quarter ended on October 30, 2016, Photronics reported sales of $107.4 million, down 13% sequentially and 24% compared to the year ago same period. The company stated that weakness was observed across all of its markets, primarily at the high-end for both Integrated Circuits (IC) and flat panel display (FPD). The company's revenue numbers topped market expectations of $107 million. During Q4 FY16, sales of FPD photomasks declined 17% on a y-o-y basis to $25.1 million, while sales of IC photomasks were $82.3 million in the reported quarter, down 26% from the same period last year. The company stated that its largest customer had taken some production off-line and is transitioning from LCD to OLED. In the long-term, the company believed that the transition would be positive, but it will impact the company's nearer-term demand. On a geographical basis, Photronics' Q4 FY16 sales were 73% from Asia and 27% were from the US and Europe. For Q4 FY16, Photronics' gross margin totaled 19.1%, down 640 basis points sequentially as a result of the reduced revenue and increased equipment expense, principally depreciation. SG&A expenses for Q4 FY16 were down $970,000 sequentially, primarily related to reduced compensation expenses. The company reduced operating expense by 12% compared with Q4 FY15, limiting the decline in operating profit. Despite lower sales, the company achieved a 4.9% operating margin for the reported quarter. Net income attributed to Photronics' shareholders was $5.3 million, or $0.08 per diluted share, and includes a non-recurring tax benefit of $1.8 million ($0.03 per diluted share) primarily related to the recognition of certain tax benefits in Taiwan that were determined to be realizable in filings for future tax periods compared with net income attributed to Photronics' shareholders of $18.6 million, or $0.25 per diluted share, for Q4 FY15. The company's earnings results beat Wall Street's expectations of $0.02 per share. For FY16, Photronics' sales were $483.5 million, down 8% compared to FY15. Sales of IC photomasks were down 13%, while sales of FPD photomasks increased 15% on a y-o-y basis. Net income attributed to Photronics' shareholders for FY16 was $46.2 million, or $0.64 per diluted share, compared to $44.6 million, or $0.63 per diluted share, in FY15. Non-GAAP net income attributed to Photronics' shareholders was $32.6 million, or $0.47 per diluted share, compared to $45.5 million, or $0.64 per diluted share, in FY15. As of October 30th, 2016, Photronics had cash and cash equivalents worth $314.07 million with net cash totaling $247 million, an improvement of $173 million from last year. The company's cash CapEx for Q4 FY16 was $5 million, bringing the year-end total to $50 million. For FY17, the company is expecting to spend approximately $100 million in cash CapEx including the balance of its FPD investment and China IC investment. For Q1 FY17, Photronics is projecting revenues to be in the range of $104 million and $112 million. The company is anticipating seasonal trends in demand [shipments] and also noted that both Christmas and Chinese New Year fall will fall within its Q1 FY17. Based on this revenue expectation and its current operating model, Photronics is estimating net income attributed to Photronics' shareholders to be between $0.01 and $0.06 per diluted share for Q1 FY17. At the closing bell, on Monday, December 12, 2016, Photronics' stock closed the trading session at $11.60, slightly up 0.43% from its previous closing price of $11.55. A total volume of 460.22 thousand shares have exchanged hands, which was higher than the 3-month average volume of 439.16 thousand shares. The Company's stock price advanced 7.91% in the last month, 16.12% in the past three months, and 25.00% in the previous six months. Shares of the company have a PE ratio of 18.27. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Patent
Kulicke and Soffa | Date: 2010-09-09

A pick tool for picking a planar object from a supply station is presented, in particular to be used for picking a semiconductor die from a carrier tape, said pick tool comprising: a work surface, said work surface comprising at least one contact region that may be brought into contact with a first surface on a first side of the planar object; one or more vacuum outlets in the work surface that may be connected to a vacuum source to allow for temporarily fixing the planar object to the work surface; and wherein a flexible seal is provided to maintain vacuum if the planar object becomes deformed.


Patent
Kulicke and Soffa | Date: 2011-02-16

The invention pertains to the field of automation technology and relates to an apparatus and a method for handling chips, in particular semiconductor dies. A chip handling tool is configured to receive a chip, in particular a semiconductor die, at a takeover location and to hand over said chip to a delivery location, and comprises a work surface configured to be brought into connection with a first surface on a first side of the chip. The chip handling tool further comprises illumination means for illuminating the chip from its first side while said first side of the chip is in connection with the work surface. A chip handling process is also presented.


A chip handling apparatus, unit and method is presented. The chip handling apparatus comprises a chip supply station; a chip mounting station; and one or more chip handling units configured to pick a chip from the supply station, transport the chip to the mounting station, and place the chip at a mounting location; wherein each chip handling unit is configured to temporarily retain the chip in a defined position relative to the chip handling unit. The chip handling apparatus further comprises means for inducing sonic vibrations in the chip when retained by one of the chip handling units; and means for measuring the vibrations induced in the chip.


Patent
Kulicke and Soffa | Date: 2011-03-16

A pick tool for picking a planar object from a supply station is presented, in particular to be used for picking a semiconductor die from a carrier tape, said pick tool comprising: a work surface, said work surface comprising at least one contact region that may be brought into contact with a first surface on a first side of the planar object; one or more vacuum outlets in the work surface that may be connected to a vacuum source to allow for temporarily fixing the planar object to the work surface; and wherein a flexible seal is provided to maintain vacuum if the planar object becomes deformed.


Patent
Kulicke and Soffa | Date: 2011-10-26

A tool tip interface, in particular a shank, for use with a handling tool configured to handle a planar object, in particular a semiconductor die, is presented which comprises: a machine side interface which comprises a vacuum supply connection; a tip side interface having a bottom side on which a support surface for a tool tip is formed and on which one or more depressions are formed so that the one or more depressions define support surface portions which are at least partially surrounded by depressed regions, wherein support surface portions and depressed regions are uniformly distributed over at least a central region of the bottom side of the tip side interface.


SINGAPORE--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”), announced today its contribution of an automatic single-head semiconductor wedge bonder to the Engineering Product Development (EPD) Pillar of the Singapore University of Technology and Design (SUTD). Wedge Bonder equipment is used in interconnect technologies in a wide range of power semiconductor packages and modules such as the automotive, industrial, renewable energy, consumer and computing markets. New applications utilizing wedge bonder equipment are emerging, and one such application is in the manufacturing of batteries for electric vehicles. A presentation ceremony was held on the same day at the SUTD campus where the equipment was on display with live wire bonding demonstration. Chan Pin Chong, Kulicke & Soffa’s Senior Vice President for AP-Hybrid, Electronics Assembly, Wedge Bonders, Capillaries and Blades Business Lines, said, “K&S believes in continuous learning as it opens doors to innovation and opportunities. As part of our corporate responsibility effort, we hope our contribution of the machine enables hands-on experience for the students, and inspires them in applying technology to real life applications.” Professor Yeo Kiat Seng, SUTD's Associate Provost for Graduate Studies and International Relations said, "SUTD appreciates Kulicke & Soffa’s generous support of the automatic semiconductor wedge bonder. This equipment will provide our students with the desired hands-on experience and skills training in chip assembly, packaging, IC design and semiconductor. SUTD’s partnership with Kulicke & Soffa will mutually benefit both parties as it will catalyze research to greater heights and value-add to the industry and Singapore economy.” Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. (www.kns.com) About Singapore University of Technology and Design The Singapore University of Technology and Design (SUTD) is Singapore’s fourth public university, and one of the first universities in the world to incorporate the art and science of design and technology into a multi-disciplinary curriculum. Established in collaboration with the Massachusetts Institute of Technology (MIT), SUTD seeks to nurture technically-grounded leaders and innovators in engineering product development, engineering systems and design, information systems technology and design, and architecture and sustainable design, to serve societal needs. Also in collaboration with Zhejiang University (ZJU) and Singapore Management University (SMU), SUTD, a research-intensive university, is distinguished by its unique East and West academic programmes which incorporate elements of technology, entrepreneurship, management and design thinking. Graduate opportunities include an MIT-SUTD Dual Masters' Degree Programme and an SUTD PhD Programme. (www.sutd.edu.sg)

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