Kulicke & Soffa shows a strong 2d quarter

Article Abstract:

Kulicke & Soffa Industries Inc. (Willow Grove, PA) posted second-quarter 2000 sales that tripled its results from the same period in 1999.

Special industry machinery, not elsewhere classified, All Other Industrial Machinery Manufacturing, Misc Special Industry Equipment, Industrial equipment, Industrial equipment industry

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Unisys' 3d-quarter profits triple

Article Abstract:

Unisys Corp. reported net profits of $69 million for the third-quarter of 1998. This reflected a threefold increase in the company's earnings over the same period in 1997. Unisys' financial performance was aided greatly by the solid growth of its information services. The earning improvements only continues the company's reversal in fortunes. Unisys was at one time, a struggling manufacturer of mainframe computers. The company receives most of its funds from services and consulting.

Electronic Computer Manufacturing, Computers & Auxiliary Equip, Unisys Corp., UIS

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Kulicke & Soffe reports losses

Article Abstract:

Kulicke & Soffa Industries Inc. (Willow Grove, PA) posted a net loss for the fiscal year. This semiconductor-assembly equipment manufacturer, however, is optimistic that demand in chips will rebound, and with it demand for their machinery. In the mean time, the company has begun reducing staff, restructuring, and cutting inventory. As part of this effort, the company has laid off 250 of its world wide staff of 1,900. Severance pay and elimination of some product lines totaled $8.4m, which helped put the company in the red. The company will continue to concentrate on core products.

Strategy & planning, Labor force information, Semiconductor Production Equip, Semiconductor Machinery Manufacturing, Semiconductor production equipment

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