Welcome to our dedicated page for Cohu news (Ticker: COHU), a resource for investors and traders seeking the latest updates and insights on Cohu stock.
About Cohu Inc.
Cohu Inc. (NASDAQ: COHU) is a globally recognized leader in the semiconductor test and inspection equipment industry, headquartered in Poway, California, within San Diego County. The company plays a pivotal role in enabling the production and quality assurance of semiconductors, which are foundational to modern technology. Cohu serves a diverse range of industries, including automotive, computing, mobility, Internet of Things (IoT), communications, high-speed memory, industrial, and solid-state lighting, making it an integral part of the global technology supply chain.
Comprehensive Product Portfolio
One of Cohu’s defining strengths is its extensive portfolio of enabling technologies, designed to address some of the most complex challenges in semiconductor testing. These technologies can be seamlessly integrated into its handler platforms, offering customers unparalleled flexibility and efficiency. Cohu’s product offerings are broadly categorized into:
- Digital Test Handlers: This category includes pick-and-place semiconductor test handlers, burn-in-related equipment, and advanced thermal subsystems, catering to high-precision testing requirements.
- Analog Test Handlers: These include gravity feed handlers, test-in-strip handlers, and MEMS test units, designed for analog and mixed-signal semiconductor components.
- Turret-Based Test Handling: Specialized handling and back-end finishing solutions for integrated circuits (ICs), light-emitting diodes (LEDs), and discrete components.
The company’s ability to integrate these technologies across its platforms optimizes testing processes and ensures reliability, precision, and scalability for its customers.
Industry Significance and Market Position
Operating in a highly specialized and competitive industry, Cohu is distinguished by its focus on innovation, customization, and customer-centric solutions. The semiconductor industry is cyclical, with demand influenced by technological advancements and macroeconomic factors. Cohu’s strategic focus on diverse end markets, such as automotive and IoT, helps mitigate these cyclical challenges by tapping into high-growth sectors. Its customers, often global leaders in semiconductor manufacturing, rely on Cohu’s solutions to maintain stringent quality standards and achieve operational efficiency.
Competitive Landscape
Cohu faces competition from other semiconductor equipment providers but differentiates itself through its broad range of technologies and its ability to address both digital and analog testing needs. Its expertise in thermal management, MEMS testing, and back-end finishing further enhances its competitive edge. The company’s commitment to innovation and its deep understanding of customer requirements position it as a trusted partner in the semiconductor ecosystem.
Commitment to Innovation
Cohu’s emphasis on research and development enables it to stay ahead in a rapidly evolving industry. By continuously enhancing its product capabilities and expanding its technological offerings, the company ensures that it remains at the forefront of semiconductor testing and inspection solutions. This commitment to innovation not only strengthens its market position but also supports its customers in meeting the demands of emerging technologies.
Conclusion
In summary, Cohu Inc. is a cornerstone of the semiconductor industry, providing essential test and inspection equipment that ensures the reliability and performance of semiconductors. With a diverse product portfolio, a focus on innovation, and a customer-centric approach, Cohu is well-positioned to address the evolving needs of its customers across multiple high-growth industries. Its role in enabling cutting-edge technologies underscores its importance in the global technology landscape.
Cohu, a leader in back-end semiconductor equipment and services, will participate in the 24th Annual Needham Virtual Growth Conference on January 11, 2022. The company is scheduled for a one-on-one session and will present at 10:45 a.m. EST. Presentation materials will be available on the Investor Relations section of www.cohu.com. Portfolio managers and analysts can coordinate meetings with their banking representatives.
Cohu, Inc. (NASDAQ: COHU) has revised its mid-term financial targets to forecast annual revenue of
Cohu, Inc. (NASDAQ: COHU) announced a significant order for multiple Diamondx testers from a major South Korean display driver manufacturer. These testers are designed for AMOLED driver ICs used in mobile devices, chosen for their proven high test parallelism and scalability, facilitating faster production and market delivery. Cohu estimates the display driver IC test market to be around
Cohu, Inc. (NASDAQ: COHU) announced its participation in the 10th Annual December CEO Summit on December 8, 2021, at St. Regis San Francisco. This event will feature small group meetings with executive management and is by invitation only for accredited investors and analysts. Attendees must show proof of COVID vaccination. Registration closes on November 29, 2021. Presentation materials will be available on Cohu's investor website. Cohu is a leader in back-end semiconductor equipment and services.
Cohu, Inc. (NASDAQ: COHU) announced its participation in two upcoming investor conferences. The first is the Stifel 2021 Virtual Midwest One-on-One Growth Conference on November 11, 2021, followed by the 12th Annual Craig-Hallum Alpha Select Conference on November 16, 2021. Both conferences will feature a one-on-one meeting format. Presentation materials will be available on Cohu's Investor Relations website. Cohu is a leader in back-end semiconductor equipment and services, providing advanced solutions for semiconductor manufacturing.
Cohu, Inc. (NASDAQ: COHU) reported third quarter 2021 net sales of $225.1 million, a 49% increase year-over-year, with a GAAP income of $23.7 million or $0.48 per share. For the first nine months, net sales reached $695.4 million and GAAP income was $146.4 million or $3.04 per share. The company announced a $70 million share repurchase program. Looking ahead, fourth quarter sales are projected between $182 million and $195 million. Cohu's strong demand for test systems and current 87% test cell utilization underline its growth.
Cohu, Inc. (NASDAQ: COHU) will release its third quarter 2021 financial results on October 28, 2021, at 1:00 p.m. PT. A live conference call will follow at 1:30 p.m. PT, allowing investors and analysts to engage directly. The call can be accessed through designated phone numbers or via a webcast on Cohu's website. A replay will be available until November 4, 2021. This announcement highlights Cohu's commitment to transparency and investor relations in the semiconductor equipment sector.
Cohu (NASDAQ: COHU) will participate in Citi's 2021 Global Technology Virtual Conference on September 13, 2021. The event will feature a one-on-one meeting format and a fireside chat, facilitating direct discussions with management.
Presentation materials will be accessible via the Investor Relations section on www.cohu.com. Portfolio managers and analysts are encouraged to schedule meetings through their banking representatives.
Cohu, Inc. (NASDAQ: COHU) reported that its Neon inspection and metrology platform has been selected by a large integrated device manufacturer for various global sites. Orders for Neon reached
Cohu, a global leader in back-end semiconductor equipment and services (NASDAQ: COHU), has announced participation in several upcoming investor conferences. These include:
- B. Riley Securities Summer Summit on August 19, 2021.
- Needham Virtual 2nd Annual SemiCap and EDA Conference on August 24, 2021.
- Rosenblatt Securities Inaugural Tech Summit on August 25, 2021.
- Jefferies Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 and September 1, 2021.
Presentation materials will be available on their website.