K&S Receives Purchase Order from Nantong Fujitsu
Willow Grove, PA, March 3, 2003 - Kulicke & Soffa Industries, Inc. (Nasdaq: KLIC) today announced an order for a production quantity of Nu-Tek wire bonders from Nantong Fujitsu Microelectronics Co., Ltd. for installation in their newest facility in Nantong City, China. The wire bonding equipment will be used to assemble a wide range of IC packages.
“The Nu-Tek bonders are especially well-suited for our manufacturing needs at Nantong Fujitsu. This new machine provides higher productivity per square meter than any other wire bonder available in the market, which will maximize our overall factory efficiency. We think the secret to the performance of the Nu-Tek bonder is the K&S technology leveraged from their high-end Maxum machine and further optimized to meet our packaging assembly requirements,” commented Mr. Mingda Shi, General Manager of Nantong Fujitsu.
Jack Belani, Vice President of Marketing at K&S, further commented, “ K&S is proud to be a partner/supplier for Nantong Fujitsu and help them achieve their growth goals. Their success in SE Asia, China, and Japan will ultimately mean continued business for K&S.”
Kulicke & Soffa (Nasdaq: KLIC) is the world's leading supplier of semiconductor assembly and test interconnect equipment, materials and technology. We offer unique wire bonding solutions, combining wafer dicing and wire bonding equipment with bonding wire and capillaries. Flip chip solutions include wafer bumping services and technology. Chip scale and wafer level packaging solutions include UltraCSP® technology. Test interconnect solutions include standard and vertical probe cards, ATE interface assemblies and ATE boards for wafer testing, as well as test sockets and contactors for all types of packages. Kulicke & Soffa's web site address is kns.com.
Caution Concerning Forward Looking Statements
This press release contains forward-looking statements which are found in various places throughout the press release. While these forward-looking statements represent our judgments and future expectations concerning the development of 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, those listed or discussed in Kulicke & Soffa Industries' 2002 Annual Report on Form 10-K and: the risk of failure to successfully manage our operations; the risk that anticipated orders may not materialize or that orders received may be postponed or canceled, generally without charges; the risk that anticipated cost savings will not be achieved; the volatility in the demand for semiconductors and our products and services; acts of terrorism and violence; overall global economic conditions; risks, such as changes in trade regulations, currency fluctuations, political instability and war, associated with a substantial foreign customer and supplier base and substantial foreign manufacturing operations; potential instability in foreign capital markets; and other key factors that could adversely affect our businesses and financial performance contained in past and future filings and reports, including those with the SEC. Kulicke & Soffa Industries is under no obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
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Company Contact:
Michael Sheaffer, Director, Media and Shareholder Activities
Phone - 215-784-6411
Fax - 215-784-6167
msheaffer@kns.com |
