Kulicke & Soffa Research Collaboration with NUS Institute of Operations Research and Analytics Extends Smart Manufacturing Capabilities

SINGAPORE–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24KLIC&src=ctag” target=”_blank”gt;$KLIClt;/agt; lt;a href=”https://twitter.com/hashtag/iiot?src=hash” target=”_blank”gt;#iiotlt;/agt;–Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”,
“K&S” or the “Company”), announced today it has engaged the Institute of
Operations Research and Analytics (IORA), a research institute under the
National University of Singapore (NUS) on a research collaboration
intended to leverage artificial intelligence and deep learning to
further enhance its global manufacturing and operational efficiencies
into the long-term.

This research collaboration is one component to the Company’s broader
factory automation roadmap over the next three years. The goal of this
factory automation investment is to further improve the productivity,
efficiency and quality of Kulicke & Soffa’s products and manufacturing
capabilities.

This research collaboration will focus on applying deep machine learning
to detect anomalies and to predict process outcomes that further
optimize manufacturing processes and supplier management. The Company
intends to drive productivity, extend quality and further enhance
customer satisfaction with this ongoing factory automation roadmap.

Joyce Lim, Kulicke & Soffa’s Senior Vice President of Global Operations
and Supply Chain, said, “We are delighted to collaborate with IORA.
Smart data analytics are setting a new standard for production
enhancements and logistics efficiency through multi-dimensional aspect
modelling.”

This collaboration with K&S enables NUS researchers to apply our
expertise in operations research and analytics in a real-world setting.
It also offers a valuable and unique opportunity to make an impact to
the Industry 4.0 revolution,” said Professor Teo Chung Piaw, Executive
Director, IORA.

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor
packaging and electronic assembly solutions supporting the global
automotive, consumer, communications, computing and industrial segments.
As a pioneer in the semiconductor space, K&S has provided customers with
market leading packaging solutions for decades. In recent years, K&S has
expanded its product offerings through strategic acquisitions and
organic development, adding advanced packaging, electronics assembly,
wedge bonding and a broader range of expendable tools to its core
offerings. Combined with its extensive expertise in process technology
and focus on development, K&S is well positioned to help customers meet
the challenges of packaging and assembling the next-generation of
electronic devices. (www.kns.com)

Contacts

Kulicke & Soffa Industries, Inc.
Marilyn Sim
Public
Relations
P: +65-6880-9309
F: +65-6880-9580
msim@kns.com

Kulicke & Soffa Industries, Inc.
Joseph Elgindy
Investor
Relations & Strategic Initiatives
P: +1-215-784-7500
F:
+1-215-784-6180
investor@kns.com

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