1. KLIC launches Asterion-PW, enhancing power device applications with ultrasonic welding. 2. The power module market is projected to grow at 12% CAGR through 2029. 3. Asterion-PW improves productivity and has environmental benefits over traditional methods. 4. KLIC also introduced ATPremier MEM PLUS™ for advanced memory applications. 5. Both products will be showcased at SEMICON China 2025.
The introduction of innovative products positions KLIC favorably in a growing market, historically leading to stock price increases during product launches.
The new product launches directly boost KLIC’s growth prospects in key markets, making the article highly relevant to its stock performance.
Sustained growth in the power module market supports KLIC's long-term revenue potential, similar to previous product lifecycle impacts.
SINGAPORE, March 25, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company") announced the launch of Asterion-PW, extending its leadership in power device applications with a fast and precise ultrasonic pin welding solution. This advanced solution sets a new standard for pin interconnect capability – redefining efficiency, precision, and reliability.
Power module devices currently deployed in renewable energy, automotive, and railroad applications are increasingly reliant on pin-based interconnects for critical power storage, management and delivery requirements. The Power module market is one of the fastest growing semiconductor markets – anticipated to support a 12% compound annual growth rate through 2029.
The Asterion-PW leverages market leading ultrasonic technology which is replacing traditional soldering in crucial applications due to accuracy and productivity improvements. Additionally, due to the elimination of flux and solder paste, the Sonotrode ultrasonic capability provides clear environmental benefits. The Asterion-PW platform also provides unparalleled speed and precision enabling higher throughput and superior quality:
"Precision drives innovation, and innovation transforms possibilities into realities. The Asterion®-PW for Power module applications is where innovative technology meets performance and cost of ownership benefits, redefining the future of manufacturing," said Chan Pin Chong, Kulicke & Soffa's Executive Vice President and General Manager of Products and Solutions.
K&S has separately announced the concurrent launch of ATPremier MEM PLUS™, a cutting-edge wafer level packaging solution, which deploys innovative Vertical Wire technology positioned to support emerging advanced memory applications.
Together with K&S' broad portfolio of solutions, the Asterion®-PW and ATPremier MEM PLUS™ will debut at the SEMICON China Trade Show in Shanghai, from March 26 through March 28, 2025, at Hall N3 Booth #3431.
Founded in 1951, Kulicke and Soffa Industries, Inc. specializes in developing cutting-edge semiconductor and electronics assembly solutions enabling a smarter and more sustainable future. Our ever-growing range of products and services supports growth and facilitates technology transitions across large-scale markets, such as advanced display, automotive, communications, compute, consumer, data storage, energy storage and industrial.
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SOURCE Kulicke & Soffa Industries, Inc.