Kulicke and Soffa Industries, Inc. Announces Changes to Its Board
September 15, 2020 at 05:00 pm
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Kulicke and Soffa Industries, Inc. announced the planned retirement of Garrett E. Pierce from the Board and as Chairman of the Board on September 30, 2020 having reached the Company’s mandatory retirement age. Peter T. Kong who has served as a Director for K&S since February 2014 will be appointed Chairman of the Board effective October 1, 2020. Kong served as President of the Global Components Business of Arrow Asia Pacific from May 2009 to December 2013 as well as holding many other leadership positions within Arrow from 2006. Before Arrow, he served as the President of Asia Pacific Operations at Lear Corp. from 1998 to 2006.
Kulicke and Soffa Industries, Inc. specializes in developing semiconductor and electronics assembly solutions. It designs, develops, manufactures, and sells capital equipment, consumables and services used to assemble semiconductors and electronic devices, such as integrated circuits, power discrete, light-emitting diode (LEDs), advanced displays and sensors. The Company operates in four segments. Its Ball Bonding Equipment segment is in designs, development, manufacture, and sell of ball bonding equipment and wafer level bonding equipment. Its Wedge Bonding Equipment segment is in design, development, manufacture, and sale of wedge bonding equipment. The Company's Advanced Solutions is in design, development, manufacture, and sells advanced display, die-attach and thermocompression systems and solutions. Its aftermarket products and services segment is in the design, development, manufacture and sale of a variety of tools, spares and services for the Company's equipment.
KULICKE AND SOFFA INDUSTRIES, INC. 
