Kulicke & Soffa has shipped its first Liteq systems for back-end lithography. One to an Asian customer, the other one was delivered to I3 Microsystems, a US-based high-performance microsystem supplier.
The first sales of Kulicke & Soffa’s Liteq 500A systems are a much-needed boost for the back-end equipment provider. After buying the Netherlands-based startup Liteq in the summer of 2017, K&S had to wait four years for the first deliveries. Quite long, given the initially high expectations.
Prior to the sale to Kulicke & Soffa, Liteq gained significantly in credibility when litho gorilla ASML invested and became a shareholder. A few months before the acquisition, former Liteq CEO Gerrit van de Beek set his goal at “twenty systems by 2020” (link in Dutch). In Bits&Chips, he called this “ambitious but realistic.” At 2-3 million euros each, this would have meant fifty million euros in sales by 2020.
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