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Kulicke & Soffa Added to Membership of Russell 2000® Index and Russell 3000® Index
SINGAPORE, June 28, 2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), a global leader in the
About this update from Kulicke And Soffa Industries, Inc.
[{"type":"text","content":"SINGAPORE, June 28, 2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (\"Kulicke & Soffa,\" \"K&S\" or the \"Company\"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, has been added as a member of the US small-cap Russell 2000® Index and the US all-cap Russell 3000® index, effective after the US market opens on June 28, as part of the 2021 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock was also added to the appropriate growth and value indexes.\n\n \n \n \n \n \n \n\n \n\"We value participation in this important benchmark and welcome the opportunity to reach a new group of investors as we continue to support exciting transitions in the semiconductor, automotive and display markets,\" stated Fusen Chen, President and Chief Executive Officer.\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\nFor more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the \"Russell Reconstitution\" section on the FTSE Russell website.\nAbout Kulicke & Soffa\nKulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.\nLeveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa's expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates wi...