Cohu Announces 1000th MT9510 Handler Delivered for Industrial and Automotive Semiconductor Test
07 November 2019 - 1:00AM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end
semiconductor equipment and services, today announced shipment of
its 1000th MT9510 pick-and-place handler to a global semiconductor
customer headquartered in the U.S. and leader in high-performance
analog, mixed-signal, and digital signal processing (DSP). The
milestone system is being utilized for testing automotive battery
management systems (BMS) for electric (EV) and hybrid electric
vehicles (HEV) and precision power regulators. The MT9510 is
complementary to Cohu’s high throughput MATRiX pick-and-place
handler, with approximately 600 units shipped, which are also
utilized for testing automotive microcontrollers and a variety of
devices used in advanced driver assistance systems (ADAS). Cohu has
the largest installed base of automotive tri-temperature
pick-and-place handlers in the industry.
The rapidly increasing demand for autonomy, fuel efficiency and
connectivity in automobiles are expected to drive semiconductor
content growth to about $700 per vehicle by 2022, making it one of
the fastest-growing semiconductor market segments.
“ADAS and electrification of the powertrain require stringent
quality test to ensure semiconductor reliability at cold, hot and
ambient use conditions,” said Luis Müller, Cohu President and CEO.
“Cohu is the leader in industrial and automotive tri-temperature
testing, and our large installed base of thermal handlers provides
for long-term recurring and support opportunity to our
customers.”
Cohu’s MT9510 and MATRiX pick-and-place handlers provide full
temperature control during test in extreme environmental conditions
from -55˚C to +175˚C and a variety of options, upgrades and
retrofits to configure the product to customer applications. The
MT9510 and MATRiX product roadmaps will continue to address
evolving requirements for Industry 4.0 and a variety of other
features, offering a cost-effective solution for a growing
industry.
About Cohu:
Cohu (NASDAQ: COHU) is a global leader in back-end semiconductor
equipment and services, delivering leading-edge solutions for the
manufacturing of semiconductors and printed circuit boards.
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 the value of automotive
semiconductor content and growth, long-term recurring and support
opportunity, the MT9510 and MATRiX product features and roadmaps,
and any other statements that are predictive in nature and depend
upon or refer to future events or conditions, or include words such
as “may,” “will,” “should,” “would,” “expect,” “anticipate,”
“plan,” “likely,” “believe,” “estimate,” “project,” “intend,” 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. Actual results could differ materially from those
contained in any forward-looking statement as a result of various
factors, including, without limitation: risks associated with
acquisitions; inventory, goodwill and other asset write-downs; our
ability to convert new products into production on a timely basis
and to support product development and meet customer delivery and
acceptance requirements for new products; our reliance on
third-party contract manufacturers and suppliers; failure to obtain
customer acceptance resulting in the inability to recognize revenue
and accounts receivable collection problems; revenue recognition
impacts due to ASC 606; market demand and adoption of our new
products; customer orders may be canceled or delayed; the
concentration of our revenues from a limited number of customers;
intense competition in the semiconductor equipment industry; our
reliance on patents and intellectual property; compliance with U.S.
export regulations (including restrictions regarding certain
Chinese companies and ongoing U.S.-China trade war); impacts from
the Tax Cuts and Jobs Act of 2017 and ongoing tax examinations;
geopolitical issues and trade wars; ERP system implementation
issues; the seasonal, volatile and unpredictable nature of capital
expenditures by semiconductor manufacturers and the late 2018 and
2019 weakened demand in this market; ongoing weakness in Greater
China market; and rapid technological change. These and other risks
and uncertainties are discussed more fully in Cohu’s filings with
the Securities and Exchange Commission, including the most recently
filed 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191106005014/en/
Investor Contact: Cohu, Inc. Jeffrey D. Jones, 858-848-8106
Investor Relations
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