K&S hikes sales outlook on orders influx

September 5, 2007 – Kulicke & Soffa Industries Inc. says revenues for its September quarter will be about 6.6% higher than initially thought, to $226 million, primarily due to more orders for its wire bonding equipment from large subcons.

Company chairman/CEO Scott Kulicke noted that the new orders were made possible by “adjustments” in the company’s manufacturing capacity and supply chain schedules. “This demand for our Maxum Ultra wire bonders provides an opportunity for the Company to satisfy our customers’ quick delivery needs and grow our leading market position,” he said in a statement.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.