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Examples
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So Scott, you were just talking about Orthodyne, so just wondering now with the gains you have seen so far, do you think we are going to see kind of a peak cyclical quarter along the revenue line that they had previous to acquisition or where do you think that is going to go this year?
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With the acquisition of Orthodyne, our market leading wedge bonding business, we have expanded our TAM and provided access to power management and power hybrid markets.
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Speaking of products, our recent strategic moves of divesting the wire business and purchasing Orthodyne have expanded our footprint in the semiconductor assembly area.
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This includes the new $2.7 million of intangible amortization that comes from Orthodyne, which you will see on an ongoing quarterly basis; $2.6 million of expense related to contractual commitments on former test facilities; $2.6 million of severance and $2.2 million of expenses related to legal.
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And Orthodyne is also moving forward as evidenced by their recently agreed to two-year development project with a major European automotive supplier for the qualification and implementation of its PowerRibbon interconnect solution for automotive power modules.
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So in the wedge bonder market, you already have got a pretty dominant share with Orthodyne and in the die bonder market, can you remind us of what kind of a share you think you can get, say two years out.
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Well, first of all, most of the increase is due from the Orthodyne inventory.
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Since this is the first quarter with Orthodyne, what was the revenue and net loss contribution from Orthodyne in the wedge market business in the December quarter?
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Orthodyne and their fundamentals, kind of lagging the rest of K&S's business by roughly one or two quarter or so.
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Orthodyne is off a little bit more, but we think Orthodyne will not slow up as much from their previous peak as the ball bonder and die bonder businesses have done.
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