Cohu Announces Next Generation Inspection Platform
July 08 2019 - 4:05PM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end
semiconductor equipment and services, today announced the
introduction of Neon, its next generation inspection platform
optimized for small, fragile semiconductors used in mobility and
consumer applications.
Neon can handle fragile wafer-level chip-scale products at high
speed, maintaining high operational efficiency while inspecting
small devices down to 0.4 x 0.2 mm in size. Neon features extended
process integration capabilities and can be configured with
infrared and visual micro-scale defect inspection modules, and is
also equipped with an external loader unloader to integrate with
factory robots for customers adopting Industry 4.0 initiatives.
Chris Bohrson, Senior Vice President and General Manager of
Cohu’s Test Handler Group commented, “Neon is designed to provide
our customers with the best price/performance ratio in the
industry, targeting semiconductors used in handset and small
consumer electronics applications. With three customers already
recognizing the benefits of the lower Total Cost of Ownership (TCO)
that Neon brings to their high volume die sort needs, we expect
this platform to be a significant contributor enabling us to
further grow revenue in the $500 million inspection market.”
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 launch of Neon, its
performance and TCO, Neon sales and growing revenue in the
inspection market, 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); 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/20190708005048/en/
Investor Contact: Cohu, Inc. Richard Yerganian, 781-467-5063
Vice President, Investor Relations rich.yerganian@cohu.com
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