SINGAPORE, November 8, 2021 / PRNewswire / – Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”) a world leader in the design and manufacture of semiconductors, LEDs and equipment assembly line, today announced a dramatic improvement in the process performance of its recently shipped mini and micro LED platform – LUMINEX ™.

With the latest software upgrade, the LUMINEX ™ takes display technology and advanced applications to a new level of productivity and efficiency, enabling multi-model placement (MPP) at multiples of 100Hz and one mode scanning up to 10,000 Hz (which translates to 10,000 locations per second). This dramatic performance improvement represents a key technological innovation paving the way for wide market adoption of mini and micro LED technology in both backlighting and self-emitting displays.

Nelson wong, Senior Vice President of Global Sales of Kulicke & Soffa said: “Building on our long history of more than seven decades of technological innovation and investment in R&D, K&S is poised to deliver the next evolution of solutions for this rapidly evolving technology in advanced display We are confident that our latest advances in process and throughput will help meet the growing demand for improved quality and performance in the display market. “

According to TrendForce, one of the world’s leading providers of market information, the production of mini and micro LED chips is expected to grow at a CAGR of 55%, from 2021 to 2025, creating a significant and long-term equipment opportunity. . Currently, the mini LED backlight is revolutionizing the high-end LCD display market and is expected to transition to the value-driven high-volume display market from 2023. The company also predicts that the adoption of micro LEDs will accelerate, supporting new self-emitting displays serving specialty markets such as small high-resolution displays and wearable devices initially, with the potential to move to higher-volume, high-end display markets such as smartphones. Due to the density of LED chips, the self-emitting micro LED market is expected to create a significant and material layer of demand for K&S solutions.

With K&S ‘broad portfolio of solutions, the LUMINEX ™ will debut at Productronica in Germany, of From November 16 to November 19, 2021, Booth # A2-345.

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor, LED, and electronic assembly solutions serving the global automotive, consumer, communications, computing and Of the industry. Founded in 1951, K&S takes pride in laying the foundations for technological advancement – creating pioneering interconnect solutions that improve performance, energy efficiency, form factor reduction and assembly excellence. current and next generation semiconductor devices.

Drawing on decades of development mastery and extensive process technology expertise, Kulicke & Soffa’s expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies, including cabling, advanced packaging, lithography and electronic assembly. Dedicated to empowering technology discovery, K&S always works with customers and technology partners to push the boundaries of what is possible, enabling a smarter future.

Caution Regarding Forward-Looking Statements

This press release contains statements relating to future events. These statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our judgments and future expectations regarding our business, a number of risks, uncertainties and others Important factors could cause actual developments to differ materially from our expectations. These factors include, but are not limited to, the effects of the COVID-19 pandemic on our business, the effects of supply chain constraints on our business, and other factors listed or discussed in our Annual Report on Form 10. -K for the fiscal year ended October 3, 2020, filed November 20, 2020, and our other documents filed with the Securities and Exchange Commission. Kulicke and Soffa Industries, Inc. has no obligation (and expressly disclaims any obligation to) update or change any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts

Kulicke & Soffa

Marilyn sim

Public relations

Phone. : + 65-6880-9309

F: + 65-6880-9580

[email protected]

Kulicke & Soffa

Joseph elgindy

Investor Relations and Strategic Initiatives

Phone. : + 1-215-784-7500

F: + 1-215-784-6180

[email protected]

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SOURCE Kulicke & Soffa Industries, Inc.

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