#Singapore #Kulicke and Soffa #Chan Pin Chong #Ivy Qin

Kulicke and Soffa Industries Announces Leadership Changes

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC), commonly known as KS, has made headlines with the announcement of the retirement of their Executive Vice President and General Manager of K&S Products & Solutions, Chan Pin Chong. Effective from December 1, 2025, Chong will step down from his position to focus on family commitments. This decision marks the end of an era for both him and the company, sparking discussions on future leadership strategies within KS.

In a heartfelt statement, Fusen Chen, the President and Chief Executive Officer of Kulicke and Soffa, expressed deep gratitude for Chan Pin Chong's unwavering dedication and exemplary leadership over his long tenure with the company. "Chan Pin has been a pivotal figure in promoting innovation and operational excellence within our portfolio. His vision and determination have significantly impacted the company and its employees," said Chen. As Chong embarks on this new chapter in his life, KS bids him farewell with utmost respect and appreciation.

In light of this transition, KS has also announced immediate organizational changes. Ivy Qin, the Vice President General Manager of Wire Bonding, and John Molnar, the Vice President General Manager of Advanced Solutions, will now report directly to Fusen Chen. With extensive experience spanning over two decades at KS, both Qin and Molnar have exhibited remarkable progression from innovative development roles to their current leadership positions. Their deep understanding of the company's technology, market dynamics, and customer needs positions them well for their new responsibilities.

Fusen Chen commented on the importance of this leadership transition, stating, "Ivy and John are seasoned strategic leaders. I am eager to collaborate closely with them as we aim to deliver high-quality, innovative solutions to address the evolving challenges faced by our customers across key markets."

Kulicke and Soffa is renowned on a global scale as a leader in semiconductor assembly technology, aiming to enhance device performance across various industries, including automotive, industrial, and communications sectors. Founded in 1951, KS has consistently aimed to align its innovative capabilities with market opportunities, achieving impressive advancements in overcoming dynamic process challenges. The company remains focused on creating long-term value for its stakeholders through strategic technological developments.

As the retirement of Chan Pin Chong and the elevation of Ivy Qin and John Molnar mark significant milestones for Kulicke and Soffa, industry experts are watching closely. The leadership changes at KS reflect not just individual career pathways but also the company's adaptive strategies to maintain its competitive edge in an evolving technological landscape. The company's commitment to innovation and excellence suggests that it is well-prepared to meet future challenges head-on.

For those wanting to learn more about Kulicke and Soffa, or to follow these ongoing changes, the company encourages engagement through its investor relations channels and news releases. With a rich history and a focus on forward-thinking solutions, KS is poised for growth, even as it navigates the complexities of leadership transitions.