Cohu Announces Order for New Diamondx Instrument and Mixed Signal Platform
September 05 2024 - 9:00AM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and
services optimizing semiconductor manufacturing yield and
productivity, today announced a leading multinational Automotive,
Industrial, and Computing customer has selected the Diamondx
platform for testing power management devices. This customer
ordered an integrated test cell solution including Cohu’s Diamondx
tester configured with the new VI100 instrument along with major
mixed signal platform enhancements paired with Cohu’s NY32 handler
and cCompact interface.
The new VI100 product is a four-quadrant voltage and current
instrument that combines high-accuracy DC source and measure,
including arbitrary waveform source and capture. Designed to
address the increasing complexity and integration of analog and
power management ICs, the VI100 is configured with a newly enhanced
set of mixed signal instruments, multi-core test computer
architectures and databus. The Diamondx now offers up to 80%
reduced test time compared to legacy systems at less than half the
cost-of-test for competitive-liquid cooled systems.
“We are excited to see traction with our Diamondx tester
strategy, including the new VI100 instrument, in the mixed signal
market and in particular with selection by a top 5 automotive
semiconductor manufacturer,” commented Luis Müller, Cohu President
and CEO. “The Diamondx now offers a scalable platform for testing
next generation mixed signal semiconductors used in automotive,
industrial, and computing applications, an estimated $860 million
addressable market.”
About Cohu:
Cohu (NASDAQ: COHU) is a global technology leader supplying
test, automation, inspection and metrology products and services to
the semiconductor industry. Cohu’s differentiated and broad product
portfolio enables optimized yield and productivity, accelerating
customers’ manufacturing time-to-market. Additional information can
be found at www.Cohu.com.
Forward-Looking Statements:
Certain statements contained in this release and accompanying
materials may be considered forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995, including statements regarding new product introductions or
customer adoptions and corresponding product performance estimates
and/or financial impacts; expectations related to our FY2024
outlook; and any other statements that are predictive in nature and
depend upon or refer to future events or conditions; and/or include
words such as “may,” “will,” “should,” “would,” “expect,”
“anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,”
“intend;” and/or other similar expressions among others. Statements
that are not historical facts are forward-looking statements.
Forward-looking statements are based on current beliefs and
assumptions that are subject to risks and uncertainties and are not
guarantees of future performance. Any third-party industry analyst
forecasts quoted are for reference only and Cohu does not adopt or
affirm any such forecasts.
Actual results and future business conditions could differ
materially from those contained in any forward-looking statement as
a result of various factors, including, without limitation: new
product investments and product enhancements which may not be
commercially successful; the semiconductor industry is seasonal,
cyclical, volatile and unpredictable; recent erosion in mobile,
automotive and industrial market sales; our ability to manage and
deliver high quality products and services; failure of sole source
contract manufacturer or our ability to manage third-party raw
material, component and/or service providers; ongoing inflationary
pressures on material and operational costs coupled with rising
interest rates; economic recession; the semiconductor industry is
intensely competitive, subject to rapid technological changes, and
experiences consolidation of key customers for semiconductor test
equipment; a limited number of customers account for a substantial
percentage of net sales; significant exports to foreign countries
with economic and political instability and competition from a
number of Asia-based manufacturers; our relationships with
customers may deteriorate; loss of key personnel; risks of using
artificial intelligence within Cohu’s product developments and
business; reliance on foreign locations and geopolitical
instability in such locations critical to Cohu and its customers;
natural disasters, war and climate-related changes, including
related economic impacts; levels of debt; access to sufficient
capital on reasonable or favorable terms; foreign operations and
related currency fluctuations; required or desired accounting
charges and the cost or effectiveness of accounting controls;
instability of financial institutions where we maintain cash
deposits and potential loss of uninsured cash deposits; significant
goodwill and other intangibles as percentage of our total assets;
increasingly restrictive trade and export regulations impacting our
ability to sell products, specifically within China; risks
associated with acquisitions, investments and divestitures such as
integration and synergies; constraints related to corporate
governance structures; share repurchases and related impacts;
financial or operating results that are below forecast or credit
rating changes impacting our stock price or financing ability;
law/regulatory changes and including environmental or tax law
changes; significant volatility in our stock price; the risk of
cybersecurity breaches; enforcing or defending intellectual
property claims or other litigation.
These and other risks and uncertainties are discussed more fully
in Cohu’s filings with the SEC, including our most recent Form 10-K
and Form 10-Q, and the other filings made by Cohu with the SEC from
time to time, which are available via the SEC’s website at
www.sec.gov. Except as required by applicable law, Cohu does not
undertake any obligation to revise or update any forward-looking
statement, or to make any other forward-looking statements, whether
as a result of new information, future events or otherwise.
For press releases and other information of interest to
investors, please visit Cohu’s website at www.cohu.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240905515337/en/
Investor Contact:
Cohu, Inc. Jeffrey D. Jones - Investor Relations
858-848-8106
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