UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                                (Amendment No. )*

                         Kulicke & Soffa Industries Inc.
                                (Name of Issuer)

                                  COMMON STOCK
                         (Title of Class of Securities)

                                    501242101
                                 (CUSIP Number)

                                December 31, 2002
             (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                              |X|      Rule 13d-1 (b)
                              |_|      Rule 13d-1 (c)
                              |_|      Rule 13d-1 (d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

1. NAME OF REPORTING PERSON
     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

             EIN 23-2856392
             Schneider Capital Management Corporation





2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                (a) |_|
                                                (b) |_|

3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION
           PENNSYLVANIA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER
           2,260,450

6. SHARED VOTING POWER
           None

7. SOLE DISPOSITIVE POWER
           3,103,450

8. SHARED DISPOSITIVE POWER
           None

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
           3,103,450

10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
      SHARES |_|

11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
           6.3%

12.TYPE OF REPORTING PERSON
           IA


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                              GENERAL INSTRUCTIONS

Item 1.

(a)      Name of Issuer
                  Kulicke & Soffa Industries Inc.

(b)      Address of Issuer's Principal Executive Offices

                  2101 Blair Mill Road
                  Willow Grove, PA 19090

Item 2.

(a)      Name of Person Filing
                  SCHNEIDER CAPITAL MANAGEMENT CORPORATION

(b)      Address of Principal Business Office or, if none, Residence
                  460 E. Swedesford Rd., Suite 1080
                  Wayne, PA 19087

(c)      Citizenship
                  UNITED STATES

(d)      Title of Class of Securities
           COMMON STOCK

(e)      CUSIP Number
           501242101

Item 3.       If this  statement  is filed  pursuant to  ss.ss.240.13d-1(b),  or
              240.13d-2(b) or (c), check whether the person filing is a:

(a)      |_| Broker or dealer registered under Section 15 of
                the Act

(b)      |_| Bank as defined in section 3(a)(6) of the Act

(c)      |_| Insurance company as defined in section 3(a)(19) of the Act

(d)      |_| Investment  company  registered under section 8 of the Investment
                Company Act of 1940

(e)      |X| An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E)

(f)      |_| An employee benefit plan or endowment fund in
                accordance with ss.ss.240.13d-1(b)(1)(ii)(F)


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(g)      |_| A parent holding company, in accordance with
                 ss.ss.240.13d-1(b)(1)(ii)(G)

(h)      |_| A savings association as defined in Section 3(b)
                 of the Federal Deposit Insurance Act

(i)      |_| A church plan that is excluded from the definition of an investment
                company under  Section  3(c)(14) of the  Investment  Company Act
                of 1940

(j)      |_| Group, in accordance with
                 ss.ss.240.13d-1(b)(1)(ii)(H)

Item 4.      Ownership.

(a)      Amount Beneficially Owned
                        3,103,450

(b)      Percent of Class
                        6.3%

(c)      Number of shares as to which such person has:

           (i)          sole power to vote or to direct the vote
                              2,260,450
           (ii)         shared power to vote or to direct the vote
                              None
           (iii)        sole power to dispose or to direct the disposition of
                              3,103,450
           (iv)         shared power to dispose or to direct the disposition of
                              None

Item 5.    Ownership of Five Percent or Less of a Class
           If this  statement  is being  filed to report the fact that as of the
           date  hereof the  reporting  person  has ceased to be the  beneficial
           owner of more than five percent of the class of securities, check the
           following |_|.

Item 6.    Ownership of More than Five Percent on Behalf of Another Person.
           None

Item 7.    Identification  and  Classification  of the Subsidiary Which Acquired
           the Security Being Reported on By the Parent Holding Company.
           N/A

Item 8.    Identification and Classification of Members of the Group.
           N/A

Item 9.    Notice of Dissolution of Group.

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           N/A

Item 10.   Certification.
           By signing below I certify that, to the best of my knowledge
           and belief, the securities referred to above were acquired in
           the ordinary course of business and were not acquired for the
           purpose of or with the effect of changing or influencing the
           control of the issuer of the securities and were not acquired
           and are not held in connection with or as a participant in any
           transaction having that purpose or effect.

                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                                          February 12, 2003
                                                          Date

                                                          /s/ Gary P. Soura, Jr.
                                                          ----------------------
                                                          Signature

                                                          GARY P. SOURA, JR.
                                                          SR. VICE PRESIDENT
                                                          Name/Title

         The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an
executive officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.

         Attention:  Intentional  misstatements  or omissions of fact constitute
         Federal criminal violations (See 18 U.S.C. 1001)


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