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Kulicke & Soffa history
Kulicke & Soffa company history timeline
In the steamy month of July 1951, Fred Kulicke and Albert Soffa put their ambitions on paper and formed a partnership that was destined to last until one of them died.
In 1961, the owners decided that it was time to take the company public, so K & S made an initial stock offering of 100,000 shares on the NASDAQ market.
1976: Company introduces first digitally-controlled, fully aut omatic wire bonders in the world.
The Semiconductor Industry Association (SIA) was founded in April 1977.
1981: Kulicke and Soffa (Japan) Ltd. is established in Tokyo.
To this end in 1981, management decided to develop a major presence in t he Japanese semiconductor market, which was growing by leaps and boun ds at the time.
By 1984, company sales had reached their hi ghest level ever.
Sales reached record levels--$899.3 million--in 2000.
2000: Probe Technology Corporation and Cerprobe Corporation ar e acquired.
The semiconductor industry proved its cyclical nature once again in 2001, leaving K&S and many of its competitors scrambling to make strategic business decisions that would cut costs and stabilize profits.
The slowdown continued in 2002 as revenues dropped further.
K&S opened a manufacturing facility in China in 2003.
K&S returned to profitability in 2004, a sure sign its strategy w as paying off and that, perhaps, the semiconductor industry was slowl y rebounding from its slump.
Management eyed this region as a key growth area and expanded the plant's produc tion capabilities in 2005.
The company launched its next generation wire bonding and stud bumping machines in 2005, which offered signif icant speed improvements.
Derdak, Thomas; Stansell, Christina "Kulicke and Soffa Industries, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/kulicke-and-soffa-industries-inc
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Kulicke & Soffa competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Siemens Enterprise Communications Inc | 2008 | $57.0M | 50 | - |
| General Dynamics Mission Systems | 1999 | $2.3B | 13,000 | 437 |
| Zebra Technologies | 1969 | $5.0B | 8,800 | 183 |
| Relativity | 2001 | $110.0M | 750 | 1,094 |
| Symbotic | 2007 | $1.8B | 100 | 163 |
| Zilog | 1974 | $67.2M | 174 | - |
| Lattice Semiconductor | 1983 | $509.4M | 747 | 28 |
| National Semiconductor | 1959 | $1.4B | 5,800 | - |
| Conexant | 1996 | $112.0M | 312 | - |
| Intermec Technologies Corporation | 1966 | $510.0M | 1,745 | - |
Kulicke & Soffa history FAQs
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