Kulicke Posts Gold Wire Gains

The semiconductor parts supplier says third-quarter gold wire orders rose 14% sequentially.
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Kulicke & Soffa

(KLIC) - Get Report

said third-quarter gold wire orders set a company record at more than a billion feet.

The Willow Grove, Pa., semiconductor parts company said wire orders for the quarter ended last month showed a 14% gain over second-quarter levels. That puts Kulicke's orders 5 percentage points ahead of the comparable industrywide growth estimate, the company said.

Gold wire is used in the assembly of wire-bonded semiconductor packages.

"Our top customer list is changing as we begin to add assembly service providers to our traditional

integrated device maker customer base," said Kulicke's Jack Belani. "This record-breaking level of orders is the result of two advances with customers: our new wire products, such as Radix wire, account for some of the increase; and the remaining rise in orders is a result of customers receiving a higher level of support from K&S for their overall wire-bonding needs."

Early Monday, Kulicke shares rose 20 cents to $8.40.