Thirty-nine fabless companies raised $483.6 million in Q4 2003, compared to 34 raising $394.9 million in Q3 2003. The $483.6 million raised in Q4 was the largest amount of funding in one quarter since Q1 2002, and the 39 fundings represented the most deals closed since Q1 2001. The FSA announced this information with the release of its Q4 2003 ‘Fabless Fundings’ report.
(February 12, 2004) Willow Grove, Penn.—Kulicke & Soffa and ASE have formed a strategic relationship between Kulicke & Soffa’s Test Products Group and ASE Test Limited. As part of the agreement, K&S will provide onsite services at ASE Test’s facilities in Taiwan.