Kulicke & Soffa Industries, Inc. engages in the design, manufacture, and sale of semiconductor and electronic assembly solutions. It includes integrated circuits (ICs), high and low powered discrete devices, light-emitting diodes (LEDs), and power modules. It serves global automotive, consumer, communications, computing, and industrial markets. The firm operates through the Capital Equipment and Aftermarket Products and Services (APS) segments. The Capital Equipment segment is primarily affected by the industry's internal cyclical and seasonal dynamics in addition to broader macroeconomic factors that can positively or negatively affect company financial performance. The Aftermarket Products and Services segment has historically been less volatile than company Capital Equipment segment. The APS sales are more directly tied to semiconductor unit consumption rather than capacity requirements and production capability improvements. The company was founded by Frederick W. Kulicke and Albert Soffa in 1951 and is headquartered in Fort Washington, PA.