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March 14, 2023
Lester Wong
Chief Financial Officer
Kulicke and Soffa Industries, Inc.
1005 Virginia Drive
Fort Washington, PA 19034
Re:Kulicke and Soffa Industries, Inc.
Form 10-K for the fiscal year ended October 1, 2022
Filed November 17, 2022
Form 10-Q for the quarterly period ended December 31, 2022
Filed February 2, 2023
File No. 000-00121
Dear Lester Wong:
            We have limited our review of your filing to the financial statements and related
disclosures and have the following comments.  In some of our comments, we may ask you to
provide us with information so we may better understand your disclosure.
            Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond.  If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
            After reviewing your response to these comments, we may have additional comments.
Form 10-K for the Fiscal Year Ended October 1, 2022
Notes to Consolidated Financial Statements
Note 15: Income Taxes, page 65
1.We note that the majority of your pre-tax income is derived from foreign sources.  Please
disclose in future filings the amount of unremitted foreign earnings and the unrecognized
deferred tax liability on unremitted foreign earnings or a statement that such determination
is not practicable.  See ASC 740-30-50-2b and 2c.
Note 16: Segment Information, page 68
2.We note the disclosure on page 23 of your Form 10-Q for the period ended December 31,
2022 that your Capital Equipment and Aftermarket Products and Services reportable

 FirstName LastNameLester Wong
 Comapany NameKulicke and Soffa Industries, Inc.
 March 14, 2023 Page 2
 FirstName LastNameLester Wong
Kulicke and Soffa Industries, Inc.
March 14, 2023
Page 2
segments both consist of six aggregated operating segments.  Please identify for us your
operating segments and tell us in sufficient detail how you determined your operating
segments meet all aggregation criteria described in ASC 280-10-50-11.  In particular,
explain how you determined all operating segments have similar economic
characteristics.  We note from your first quarter 2023 earnings call that management
primarily discusses results and trends of your various "markets," such as automotive and
industrial, wire bonding, wedge bonding, LED, and memory, with minimal discussion of
your overall reportable segments.  We further note from your disaggregated revenue
disclosures on page 68 of your Form 10-K and page 20 of your most recent Form 10-Q
that certain end markets appeared to have disparate revenue trends for the annual and
interim periods presented.
Form 10-Q for the Quarterly Period Ended December 31, 2022
Management's Discussion and Analysis of Financial Condition and Results of Operations
Results of Operations, page 26
3.Please provide a more informative analysis and discussion of your results of operations in
future filings.  We note, for example, that you attribute the approximate 92% decline in
your income from operations for the year-over-year interim periods "to lower revenues as
explained...above."  Further, you ascribe the approximate 62% decline in interim net
revenues to lower volumes caused by "a decrease in customer investments as a result of
uncertainties in the overall macroeconomic environment" and "a decrease in customer
utilization."  Enhance these overly broad and generic descriptions to provide a frame of
reference that allows readers to understand the effects of material changes and events and
known material trends and uncertainties arising during the periods being discussed, as
well as their relative importance.  Ensure that your revised disclosures assist in satisfying
the three principal objectives of MD&A, as noted in SEC Release No. 33-8350:

•to provide a narrative explanation of a company’s financial statements that enables
investors to see the company through the eyes of management;

•to enhance the overall financial disclosure and provide the context within which
financial information should be analyzed; and

•to provide information about the quality of, and potential variability of, a company’s
earnings and cash flow, so that investors can ascertain the likelihood that past
performance is indicative of future performance.

            In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.

 FirstName LastNameLester Wong
 Comapany NameKulicke and Soffa Industries, Inc.
 March 14, 2023 Page 3
 FirstName LastName
Lester Wong
Kulicke and Soffa Industries, Inc.
March 14, 2023
Page 3
            You may contact Beverly Singleton at (202) 551-3328 or Andrew Blume at (202) 551-
3254 with any questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing