---
schema_version: "secwatch.filing_event.v1"
accession: "0000056978-25-000038"
form_type: "8-K"
ticker: "KLIC"
cik: "0000056978"
company_name: "KULICKE & SOFFA INDUSTRIES INC"
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:39:33.557211+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kulicke & Soffa to wind down Electronics Assembly equipment business; expects $86M-$100M in charges

## Summary
- Total pre-tax charges of $86M-$100M, including $34M goodwill/intangibles impairment and $25M-$30M inventory write-down.
- Cash expenditures of $24M-$31M for severance, contract termination, and other costs; majority completed by first half fiscal 2026.
- EA equipment wind-down expected over 12 months; company to refocus on Thermo-compression, Vertical Fan-Out, Automotive, and Advanced Dispense.
- Pro forma financial model impact: revenue down $25M-$29M, gross profit down $7M-$11M, operating expenses down $24M-$28M annually.

## SEC filing metadata
- accession: 0000056978-25-000038
- form_type: 8-K
- ticker: KLIC
- cik: 0000056978
- company_name: KULICKE & SOFFA INDUSTRIES INC
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.05, 2.06, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56978/000005697825000038/0000056978-25-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56978/000005697825000038/klic-20250325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056978-25-000038
- JSON: https://secwatch.observer/filing/0000056978-25-000038.json
- Plain text: https://secwatch.observer/filing/0000056978-25-000038.txt

## Key facts
- Restructurings & Charges
  KULICKE & SOFFA INDUSTRIES INC announced a restructuring with charges of $86 million and $100 million affecting Electronics Assembly (EA) equipment business (between approximately $11 million and $13 million of severance and other employee-related costs).
  - Type: restructuring
  - Charge: $86 million and $100 million
  - Affected area: Electronics Assembly (EA) equipment business
  - Headcount: between approximately $11 million and $13 million of severance and other employee-related costs
  source text: of the EA equipment business. As a result of this intended cessation of business, the Company expects to incur total pre-tax charges, including impairments, in the range of $86 million and $100 million. These charges include: • Pre-tax cash expenditures of: (i) between approximately $11 million and $13 million of severance and other employee-related costs, (ii)
  evidence_url: https://www.sec.gov/Archives/edgar/data/56978/000005697825000038/0000056978-25-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
