Kulicke & Soffa receiving two purchase orders

Kulicke and Soffa Industries received two purchase orders, from two separate customers, for its latest advanced display system - LUMINEX.

LUMINEX is a disruptive laser-based mini and micro LED die-transfer solution. This highly flexible system is capable of single die transfer, multi-die transfer and mass transfer supporting sorting, mixing, re-pitching and placement process steps. The broad flexibility of this system addresses the growing advanced display value chain and supports needs of LED, OSAT, panel and display suppliers.

The Company expects mini LED backlit displays currently represent only 3% of display capacity today and will accelerate to reach 20% penetration levels by 2025. During this same period mini LED direct-emissive technologies are to grow to 18% by 2025, creating strong growth prospects for its growing portfolio of advanced display solutions.