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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (62984)4/19/2002 1:03:30 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
&S sees recovery in assembly tools; orders up 27% from prior quarter
Semiconductor Business News
(04/18/02 08:07 a.m. EST)

siliconstrategies.com

WILLOW GROVE, Pa.--Chip-packaging systems supplier Kulicke & Soffa Industries Inc. today reported a 3.6% sequential increase in revenues to $106.9 million for the company's fiscal second quarter, ended March 31, compared to $103.2 million in the prior three-month period.




Moreover, the world's largest backend chip-assembly tool company predicted much strong growth in the current quarter as orders begin to strengthen after the severe downturn in semiconductor manufacturing. K&S estimated that its revenues would sequentially grow 22-to-31% to a range of $130-to-$140 million in the fiscal third quarter, which end June 30.

"The worst of this severe