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Teradyne Marks 8,000th J750 Semiconductor Test System Shipment

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Teradyne, a leading supplier of automated test equipment, has shipped its 8,000th J750 semiconductor test platform, marking a significant milestone. The shipment was made to V-Test, a major OSAT vendor in China. The J750 system offers high-quality, cost-effective testing solutions for microcontroller units, wireless devices, and image sensors, among others. V-Test, which owns over 100 Teradyne SoC testers, commended the platform's reliability and scalability. This milestone underscores Teradyne's strong partnership with V-Test and its pivotal role in the semiconductor test industry.

Positive
  • Shipment of the 8,000th J750 semiconductor test platform signifies a robust market demand.
  • V-Test's commitment to Teradyne products highlights the reliability and effectiveness of the J750 system.
  • J750 system's capabilities in optimizing parallel test efficiency and reducing test time are industry-leading.
  • Teradyne's IG-XL software offers 30% faster development of multisite test programs, providing cost and time savings.
  • Continued growth and high-volume testing by V-Test reinforce Teradyne's market leadership in semiconductor testing solutions.
Negative
  • The press release does not provide specific financial figures or growth metrics, leaving financial performance unclear.
  • Heavy reliance on a single client (V-Test) could be a risk if market conditions change.
  • No new product developments or innovations were announced, suggesting potential stagnation in R&D.

Insights

The shipment of Teradyne’s 8,000th J750 semiconductor test platform represents a significant milestone that indicates strong adoption and market leadership. From a market research perspective, this reinforces Teradyne’s position as a key player in the semiconductor testing industry. Given the critical function these testers serve in ensuring the performance and reliability of semiconductors across various industries—including automotive, computing and consumer electronics—this achievement underscores Teradyne's strong market presence and customer trust.

Moreover, V-Test's extensive use of Teradyne systems, including the J750 and UltraFLEXplus, highlights the demand for reliable and scalable testing solutions. This partnership indicates potential for continued growth and market penetration in China, a significant player in the semiconductor industry. For investors, this indicates sustained demand and potentially strong financial performance moving forward, as V-Test’s growth and reliance on Teradyne’s systems could lead to increased orders and stable revenue streams.

However, investors should also consider the competitive landscape. Teradyne's claim of faster development and high throughput needs to be continuously validated against competitors offering similar or newer solutions. Any significant technological advancements by competitors could alter market dynamics quickly.

From a financial perspective, the shipment of the 8,000th J750 system is a positive indicator for Teradyne's performance and market demand for its products. Sustained shipments of high-value equipment like the J750 suggest robust revenue streams and market acceptance. This milestone may translate to increased recurring revenue from maintenance and software updates, given the industry norm of service contracts and ongoing support for high-tech equipment.

Teradyne's presence in high-growth areas such as automotive and consumer electronics further boosts its financial outlook. Both segments are expected to see considerable growth, driven by trends like electric vehicles and the proliferation of smart devices. Investors should note the diversification of Teradyne's customer base across multiple high-growth sectors, which could mitigate risks associated with industry-specific downturns.

However, while this milestone is a strong indicator of business health, investors should remain cautious of macroeconomic factors such as trade tensions, especially given V-Test's base in China. These could impact future sales and supply chain dynamics, affecting overall financial performance.

The J750 system's standing as a high-quality, reliable and scalable testing platform is well-emphasized in this announcement. Technologically, the J750’s ability to handle various testing needs—from microcontrollers to image sensors—makes it a versatile tool in semiconductor manufacturing. The platform's utilization of Teradyne’s IG-XL software, which simplifies and accelerates test program development, provides a competitive edge by reducing development time and cost.

The zero-footprint design and focus on multisite throughput are important for modern semiconductor manufacturing, where space and efficiency are premium. The goal of achieving 'zero defects' aligns with industry demands for higher reliability and performance, especially in automotive applications where failure can have critical consequences.

For investors, this means Teradyne is not only meeting current market demands but also positioning itself as a future-proof solution provider. The advancements in test technology and software are likely to drive further adoption and integration into semiconductor production lines, ensuring continued relevance and demand for Teradyne’s offerings.

Milestone achieved with V-Test, an independent third-party integrated circuit testing service company

NORTH READING, MA / ACCESSWIRE / May 21, 2024 / Teradyne, Inc. (NASDAQ:TER), a leading supplier of automated test equipment, today announced shipment of its 8,000th J750 semiconductor test platform. This milestone has been achieved with V-Test, a leading outsourced semiconductor assembly and test (OSAT) vendor in China.

Deployed at all the world's leading semiconductor chip manufacturers, the Teradyne J750 tester includes wafer sort and final test solutions for microcontroller units, wireless devices, image sensors, and more. J750 testers lead the industry in quality, time to market, and cost effectiveness, delivering higher throughput and increased site count, reducing single-site test time, and optimizing parallel test efficiency.

V-Test provides testing services and production capacity to top-tier fabless/design houses in China and overseas fabless companies. The company tests products ranging from consumer to automotive systems on chip (SoCs) across different end-product segments in automotive, computing, mobility, power, and consumer products. Its anchor customers run high-volume and high-mix products.

"Teradyne has been a valued and collaborative partner to V-Test since our founding seven years ago. They've been with us from the start, and we know from experience that Teradyne testers are up to the task," said Tony Pian, CEO of V-Test. "The J750 system's quality, reliability, and scalability in the MCU/SoC testing space make it our platform of choice. Through our investment in this stellar platform, we have the means to further grow our business and maintain a competitive position in the semiconductor test industry."

V-Test owns over 100 Teradyne SoC testers for volume production and test engineering, including one of the first UltraFLEXplus test systems shipped to China.

"The Teradyne team has worked diligently to partner with customers across the globe and equip them with testing solutions that are right for the increasingly diverse set of semiconductors," said Regan Mills, vice president and general manager of SoC product marketing at Teradyne. "This latest milestone celebrates that partnership and the impressive growth of V-Test, while raising their profile as an industry leader in the process."

Proven Platform and Award-winning Software

Teradyne's J750 family is a leading MCU device testing solution for automotive and consumer applications, as well as image sensor testing. Automotive semiconductor suppliers rely on the J750 to provide repeatable and reliable device test results. The J750 utilizes Teradyne's award-winning IG-XL software platform to help verify test programs critical for the automotive market. With a 'zero footprint' design, the J750 is the gold standard for test quality as semiconductor manufacturers pursue zero defects and multisite throughput.

In addition, the IG-XL software platform is critical for rapid program development. It automatically scales to support multisite testing, saving significant development time and cost, and enables thirty percent faster development of multisite test programs compared with competitive ATE software systems.

About Teradyne

Teradyne (NASDAQ:TER) test technology helps bring high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensure that products perform as they were designed. Its robotics offerings include collaborative and mobile robots that help manufacturers of all sizes increase productivity, improve safety, and lower costs. In 2023, Teradyne had revenue of $2.7 billion and today employs over 6,500 people worldwide. For more information, visit teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.

About V-Test

V-Test Technology Co., Ltd. (stock code 688372) is an independent third-party integrated circuit testing service company, providing customers with professional and highly efficient testing services and one-stop testing solutions. The company is headquartered in Pudong New Area, Shanghai, and has four testing centers in Shanghai, Wuxi, Nanjing and Shenzhen respectively. V-Test has always focused on the field of chip testing, adhered to the competitive strategy of "focusing on mid-to-high-end wafer testing and final testing, and actively expanding industrial-grade, automotive-grade and high-computing chip testing", and it can provide full-process testing services from test scheme development, wafer testing, final testing, SLT testing, burn-in testing, in-tray mark, and lead scan. These chips are widely used in the field of communications, computers, automotive electronics, industrial control, consumer electronics, and more. V-Test has won the trust of the majority of mid-to-high-end customers in the industry.

For more information, contact:
Traci Tsuchiguchi
Investor Relations
Tel: 978.370.2444
investorrelations@teradyne.com

SOURCE: Teradyne, Inc.



View the original press release on accesswire.com

FAQ

What milestone did Teradyne achieve with its J750 semiconductor test platform?

Teradyne shipped its 8,000th J750 semiconductor test platform, marking a significant milestone.

Who received the 8,000th J750 semiconductor test platform?

The 8,000th J750 semiconductor test platform was shipped to V-Test, a leading OSAT vendor in China.

What are the key capabilities of Teradyne's J750 system?

The J750 system offers high-quality, cost-effective testing for microcontroller units, wireless devices, and image sensors, optimizing parallel test efficiency and reducing test time.

How does Teradyne's IG-XL software benefit semiconductor testing?

The IG-XL software enables 30% faster development of multisite test programs, saving significant development time and cost.

Why is Teradyne's milestone significant for V-Test?

The milestone underscores V-Test's growth and its reliance on Teradyne's reliable and scalable J750 testing platform, reinforcing its competitive position in the semiconductor test industry.

Teradyne, Inc.

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