Monday March 9, 10:28 am Eastern Time
Company Press Release
IDT to Purchase K&S' New 8000 Series Wire Bonders
WILLOW GROVE, Pa.--(BUSINESS WIRE)--March 9, 1998--Kulicke & Soffa Industries Inc. (NASDAQ: KLIC - news) Monday announced that Integrated Device Technology, Inc. (NASDAQ: IDTI - news) has ordered 25 Model 8060 wedge bonders and 12 Model 8020 ball bonders for IDT semiconductor assembly and test facilities in Penang, Malaysia and Manila, Philippines.
K&S will begin shipping the order, valued at more than $6 million, during the current quarter.
IDT will use the wedge bonders to manufacture fine pitch microprocessors, and the ball bonders to manufacture high-speed static random access memories (SRAMs) for use in communications and computing products.
''Our principal reason for selecting Kulicke & Soffa's new generation of wire bonders is that the company's technology continues to align with our aggressive die shrink roadmap,'' said Robin Hodge, IDT's vice president and general manager of assembly and test. ''We have purchased K&S wire bonders exclusively for more than 10 years, and the company has provided excellent worldwide support for both its equipment and our process development activities.''
''Many of our customers are qualifying our new 8000 Series bonders for applications requiring the highest wire bonding performance, productivity and yields,'' said Michael Wolf, K&S vice president of sales. ''We are pleased that both of our new platforms have met, and in some cases exceeded, IDT's stringent requirements.''
Kulicke & Soffa is the world's largest supplier of semiconductor assembly equipment.
The company serves the integrated circuit assembly market with a product line that includes wire bonding, die bonding, wafer dicing and factory automation equipment, as well as expendable tools and materials, including bonding wire, capillaries, wedges, die collets and saw blades, and has sales and service facilities worldwide. The company's website address is www.kns.com.
About IDT
Integrated Device Technology, Inc. (IDT) enables a digitally connected world-delivering innovative, high-performance integrated circuits and modules to its key markets: data and telecommunications equipment, including routers, hubs, switches and cellular base stations; personal computers; and shared-network devices, including workstations, servers and printers.
IDT's product mix consists of advanced communications products, specialty memories, high-speed SRAMs, high-performance logic and both RISC and X86 microprocessors.
Headquartered in Santa Clara, Calif., with manufacturing facilities located in California, Oregon, the Philippines and Malaysia, IDT employs approximately 4,800 people worldwide.
The company's stock is traded on the NASDAQ stock market under the symbol ''IDTI.'' Information about IDT is easily accessible through CD-ROM by calling 800/345-7015, the World Wide Web (http://www.idt.com), and fax-on-demand services by calling 800/9-IDT-FAX.
For more information call 800/345-7015. The investor hotline is 408/654-6420.
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Contact:
Kulicke & Soffa, Willow Grove
Analysts: Jim Chiafery, 215/784-6436
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Related News Categories: computers, household/consumer, semiconductors
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