Kulicke & Soffa Industries Inc. reports recurring developments in semiconductor assembly technology, including capital equipment and expendable tools used to assemble semiconductor devices. The company serves automotive, compute, industrial, memory and communications markets, with business areas tied to ball bonding, wedge bonding, advanced solutions, and aftermarket products and services.
News for KLIC commonly covers quarterly financial results, business outlook updates, conference-call schedules, dividends, and product portfolio expansion. Recent company updates have addressed memory-focused interconnect solutions, the ProMEM suite, advanced thermo-compression and hybrid bonding, vertical wire technologies, power semiconductor assembly, advanced dispense, and the ASTERION™-TW ultrasonic terminal welding system for power module manufacturing.
Kulicke & Soffa (NASDAQ: KLIC) announced a conference call on November 19, 2020, at 8:00 AM EST to discuss its fiscal Q4 and full-year 2020 financial results and outlook. The financial results will be released on November 18, 2020, after market close. Interested parties can join the call at +1-877-407-8037 or through a live webcast available at investor.kns.com. A replay will be accessible after the call until November 26 via toll-free numbers and the webcast.
Kulicke and Soffa Industries (NASDAQ: KLIC) announced a preliminary revenue estimate of approximately $177 million for the fourth fiscal quarter ending October 3, 2020, reflecting an 18% sequential growth from the previous quarter's revenue of $150.5 million. This growth is attributed to increased demand in the semiconductor and advanced LED markets. CEO Fusen Chen expressed optimism regarding ongoing demand from 5G and advanced displays, despite acknowledging dynamic market conditions. The earnings call is scheduled for November 19, 2020.