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Cohu Announces Order for New Diamondx Instrument and Mixed Signal Platform

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Cohu, Inc. (NASDAQ: COHU) has announced a significant order for its Diamondx platform from a leading multinational Automotive, Industrial, and Computing customer. The order includes an integrated test cell solution featuring the new VI100 instrument and major mixed signal platform enhancements, paired with Cohu's NY32 handler and cCompact interface.

The VI100 is a four-quadrant voltage and current instrument designed to address the increasing complexity of analog and power management ICs. The enhanced Diamondx platform now offers up to 80% reduced test time compared to legacy systems, at less than half the cost-of-test of competitive liquid-cooled systems. This advancement positions Cohu to target an estimated $860 million addressable market in automotive, industrial, and computing applications.

Cohu, Inc. (NASDAQ: COHU) ha annunciato un ordine significativo per la sua piattaforma Diamondx da un importante cliente multinazionale del settore Automotive, Industriale e Informatica. L'ordine include una soluzione integrata per celle di test che presenta il nuovo strumento VI100 e importanti miglioramenti nella piattaforma di segnali misti, abbinati al manipolatore NY32 di Cohu e all'interfaccia cCompact.

Il VI100 è uno strumento di tensione e corrente a quattro quadranti progettato per affrontare la crescente complessità dei circuiti integrati analogici e di gestione dell'energia. La piattaforma Diamondx migliorata ora offre fino a 80% di riduzione del tempo di test rispetto ai sistemi legacy, a meno della metà del costo del test dei sistemi a liquido di raffreddamento competitivi. Questo progresso posiziona Cohu per puntare a un mercato indirizzabile stimato di 860 milioni di dollari nelle applicazioni automotive, industriali e informatiche.

Cohu, Inc. (NASDAQ: COHU) ha anunciado un pedido significativo para su plataforma Diamondx de un importante cliente multinacional del sector Automotriz, Industrial y de Computación. El pedido incluye una solución integrada de celda de prueba que presenta el nuevo instrumento VI100 y importantes mejoras en la plataforma de señales mixtas, junto con el manipulador NY32 de Cohu y la interfaz cCompact.

El VI100 es un instrumento de voltaje y corriente de cuatro cuadrantes diseñado para abordar la creciente complejidad de los circuitos integrados analógicos y de gestión de energía. La plataforma Diamondx mejorada ahora ofrece hasta un 80% de reducción en el tiempo de prueba en comparación con los sistemas heredados, a menos de la mitad del costo del test de los sistemas refrigerados por líquido competitivos. Este avance posiciona a Cohu para apuntar a un mercado direccionable estimado de 860 millones de dólares en aplicaciones automotrices, industriales y de computación.

Cohu, Inc. (NASDAQ: COHU)는 주요 다국적 자동차, 산업 및 컴퓨팅 고객으로부터 Diamondx 플랫폼에 대한 중요한 주문을 발표했습니다. 이 주문에는 새로운 VI100 계측기와 주요 혼합 신호 플랫폼 개선을 포함한 통합 테스트 셀 솔루션이 포함되어 있으며, Cohu의 NY32 핸들러와 cCompact 인터페이스와 함께 제공됩니다.

VI100은 아날로그 및 전력 관리 IC의 복잡성이 증가하는 문제를 해결하기 위해 설계된 사분면 전압 및 전류 계측기입니다. 향상된 Diamondx 플랫폼은 이제 기존 시스템에 비해 테스트 시간 80% 단축을 제공하며, 경쟁 액체 냉각 시스템의 절반도 안 되는 테스트 비용으로 제공합니다. 이 발전은 Cohu가 자동차, 산업 및 컴퓨팅 애플리케이션에서 예상되는 8억 6천만 달러의 목표 시장을 겨냥할 수 있도록 합니다.

Cohu, Inc. (NASDAQ: COHU) a annoncé une commande significative pour sa plateforme Diamondx de la part d'un client multinational de premier plan dans les secteurs de l'automobile, de l'industrie et de l'informatique. La commande inclut une solution de cellule de test intégrée avec le nouvel instrument VI100 et des améliorations majeures de la plateforme de signaux mixtes, associées au manipulateur NY32 de Cohu et à l'interface cCompact.

Le VI100 est un instrument de tension et de courant à quatre quadrants conçu pour répondre à la complexité croissante des circuits intégrés analogiques et de gestion de l'énergie. La plateforme Diamondx améliorée offre désormais jusqu'à 80 % de réduction du temps de test par rapport aux systèmes anciens, à moins de la moitié du coût de test des systèmes à refroidissement liquide concurrentiels. Cette avancée permet à Cohu de cibler un marché adressable estimé à 860 millions de dollars dans les applications automobiles, industrielles et informatiques.

Cohu, Inc. (NASDAQ: COHU) hat einen bedeutenden Auftrag für seine Diamondx-Plattform von einem führenden multinationalen Unternehmen aus den Bereichen Automobil, Industrie und Informatik bekannt gegeben. Der Auftrag umfasst eine integrierte Testzellenlösung, die das neue VI100-Gerät und wesentliche Verbesserungen der gemischten Signalplattform umfasst, kombiniert mit Cohus NY32-Handler und cCompact-Schnittstelle.

Das VI100 ist ein Spannungs- und Strommessgerät mit vier Quadranten, das darauf ausgelegt ist, der wachsenden Komplexität von analogen und Energiemanagement-ICs gerecht zu werden. Die verbesserte Diamondx-Plattform bietet nun bis zu 80% reduzierte Testzeit im Vergleich zu herkömmlichen Systemen, zu weniger als der Hälfte der Testkosten von konkurrierenden flüssigkeitsgekühlten Systemen. Dieser Fortschritt positioniert Cohu, um einen geschätzten 860 Millionen Dollar adressierbaren Markt in den Bereichen Automobil, Industrie und Informatik anzusprechen.

Positive
  • Secured order from a leading multinational customer in Automotive, Industrial, and Computing sectors
  • New VI100 instrument offers high-accuracy DC source and measure capabilities
  • Diamondx platform achieves up to 80% reduced test time compared to legacy systems
  • Cost-of-test less than half of competitive liquid-cooled systems
  • Targets an estimated $860 million addressable market in automotive, industrial, and computing applications
Negative
  • None.

Insights

This order marks a significant win for Cohu in the $860 million addressable market for mixed signal semiconductor testing equipment. The selection by a top 5 automotive semiconductor manufacturer validates Cohu's strategy and positions them well in the competitive landscape. The Diamondx platform's 80% reduction in test time and 50% lower cost-of-test compared to legacy systems are compelling selling points that could drive further market share gains.

The focus on power management devices aligns with the growing importance of energy efficiency in automotive, industrial and computing applications. This trend is likely to continue, potentially leading to sustained demand for Cohu's testing solutions. Investors should monitor Cohu's ability to leverage this win into additional orders and market penetration.

The new VI100 instrument represents a significant technological advancement in semiconductor testing. Its four-quadrant voltage and current capabilities, combined with high-accuracy DC source and measure functions, address the increasing complexity of analog and power management ICs. The integration of arbitrary waveform source and capture further enhances its versatility.

The multi-core test computer architectures and enhanced databus suggest improved parallel processing capabilities, which likely contribute to the substantial reduction in test time. This technological edge could provide Cohu with a competitive advantage in the rapidly evolving semiconductor industry, particularly as devices become more sophisticated and power-efficient.

While specific financial figures aren't provided, this order from a leading multinational customer in key sectors (Automotive, Industrial and Computing) is likely to have a positive impact on Cohu's revenue stream. The Diamondx platform's cost-efficiency could lead to improved profit margins for Cohu, assuming competitive pricing doesn't erode these gains.

Investors should watch for potential follow-on orders and the rate of adoption for the new VI100 instrument. If Cohu can successfully penetrate the $860 million addressable market with this enhanced offering, it could drive significant growth. However, it's important to assess how this single order translates into broader market acceptance and financial performance in upcoming quarterly reports.

POWAY, Calif.--(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.

Investor Contact:

Cohu, Inc.

Jeffrey D. Jones - Investor Relations

858-848-8106

Source: Cohu, Inc.

FAQ

What new product has Cohu (COHU) announced for semiconductor testing?

Cohu has announced the new VI100 instrument for its Diamondx platform, designed for testing power management devices with high-accuracy DC source and measure capabilities, including arbitrary waveform source and capture.

How much test time reduction does Cohu's (COHU) new Diamondx platform offer?

The enhanced Diamondx platform now offers up to 80% reduced test time compared to legacy systems.

What is the cost advantage of Cohu's (COHU) new Diamondx system?

Cohu's new Diamondx system offers less than half the cost-of-test compared to competitive liquid-cooled systems.

What is the estimated addressable market for Cohu's (COHU) Diamondx platform?

Cohu estimates an $860 million addressable market for the Diamondx platform in automotive, industrial, and computing applications.

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