Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q1 2024 Earnings Call Transcript

Lester Wong: Well, I think right now — well, when you say U.S. memory companies, U.S. memory companies of operations in China as well, right? So, I think utilization in those geographic areas is again, right now in the — not specific to memory, but it’s probably in the mid-60 to mid-70. So, I think we hope that by, again, there is a recovery in memory prices, we hope that by the second half, that will start picking up for everybody.

Craig Ellis: Got it.

Operator: At this time, I’d like to turn the floor back over to Mr. Elgindy for closing comments.

Joseph Elgindy: Thank you, Donna, and thank you all for joining today’s call. As always, please feel free to follow up directly with any additional questions. This concludes today’s call. Have a great day, everyone.